380 Spadina Avenue, Toronto, Ontario M5T 2G5

Listed for:
$2,298,000
0 beds
3 baths
Listed 106 days ago
380 Spadina Avenue, Toronto, Ontario M5T 2G5

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Learn more about this property
Listing provided by:
FOREST HILL REAL ESTATE INC.
MLS® number:
C11228323
Agent:
Mathew Adam Pottens
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About

Spadina & Baldwin Prime 3-storey mixed-use investment opportunity on bright West side of Spadina Ave. Quality ground floor retailer with secure Lease (4 years remain) offers steady income stream + 2 recently renovated residential apartments on 2nd & 3rd floors. 2nd floor apartment vacant & 3rd floor apartment is M2M quality tenant. Fully leased this building generates over $11,350 per month or $136,200 annually in gross income. Recent 2023 upgrades to residential apartments include: vinyl flooring, new paint, new windows and skylights, laundry, new electric light fixtures, tile floors in washrooms, new furnace, & new building sewer line. This property offers high pedestrian & vehicular traffic and is steps to Kensington Market, the AGO, U of T, Chinatown, TTC access & quality retail. Development upside through potential future assembly of nearby properties & asset appreciation with future Ontario Line station at Queen & Spadina. **EXTRAS** Reach out to listing agents for income, tenant's rental terms & more info (id:27476)

Property Highlights

MLS® Number
C11228323
Type
Retail
Community Name
Kensington-Chinatown
Land Size
Bldg=17.08 x 91 FT

Building

Square Footage
3400 sqft
Bathrooms Total
3
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Other
Heating Fuel
Natural gas
Building Cooling Type

Utilities

Water
Municipal water

Location

Street Spotlight - For sale