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359 SPADINA AVENUE — photo 1 of 21 / 2

359 SPADINA AVENUE

Toronto (Kensington-Chinatown), Ontario, M5T2G3

$7,900,000

Living area

15,000 square feet

About this property

Rarely offered for Sale 3 building with Mixed-use commercial and residential. Current property has Commercial units at Ground-level retail units with established tenants providing stable monthly rental income and Residential at Upper-level residential apartments offering consistent occupancy and cash flow. Prime Location:Situated in one of Torontos most vibrant corridors, with high pedestrian and vehicular traffic, excellent transit access, and proximity to the citys cultural, shopping, and entertainment hubs. Development opportunity for a 60-unit apartment development of 15 floors allowing the buyer to significantly enhance the properties long-term value and income potential. Close to U oT which is host over 60.000 students makes high value for the property. (id:66779)

Details

Cooling
None
Heating
Forced air
List aor
Toronto
Directions
Cross Streets: Spadina/College. ** Directions: Follow DVP to Bloor st, then south turn to spandia.
Fireplace
No
Water source
Municipal water
Tax annual amount
85,571.64
Lot size dimensions
Bldg=45 x 140 FT
Zoning description
Commecial And Residential

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