$1,935,000
Available - For Sale
Listing ID: C13004322
420 Spadina Avenue , Toronto, M5T 2G7, Toronto
| Opportunity Knocks With Vacant Possession At Closing - your chance to secure a standout property on iconic Spadina Avenue, perfectly positioned in the heart of Toronto.Ideal for owner-operators and strategic investors alike, this mixed-use building offers remarkable scope for renovation, redevelopment, and long-term value growth. Recent upgrades - including a new roof and third-floor patio (2022), basement sprinklers, and a main floor security system - provide a solid framework for your next evolution of the space.The property features over 1,000 sq. ft. of vacant retail space ready for occupancy, complemented by basement storage and a spacious 1,600+ sq. ft. residential apartment above. This flexible layout invites the creation of a contemporary live-work environment, boutique retail concept, or fully leased investment property. The top two floors can easily be reconfigured into two distinct residential units, broadening income potential, while parking for up to four vehicles adds everyday convenience rarely found downtown.Set within one of Toronto's most dynamic neighbourhoods, steps to TTC, the subway, U of T, the Gardiner and more, this address delivers both a prime location and compelling opportunity. Whether you're envisioning a flagship operation, a modern live-work space, or a strategic addition to your real estate portfolio, this Spadina Avenue property stands ready to perform. |
| Price | $1,935,000 |
| Taxes: | $26038.00 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 420 Spadina Avenue , Toronto, M5T 2G7, Toronto |
| Postal Code: | M5T 2G7 |
| Province/State: | Toronto |
| Legal Description: | PT LT 6 PL 99 TORONTO AS IN WA84096; CIT |
| Directions/Cross Streets: | College & Spadina |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Use: | Retail Store Related |
| Building Percentage: | T |
| Total Area: | 2679.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1653 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Financial Statement: | T |
| Chattels: | F |
| Franchise: | F |
| Days Open: | V |
| Sprinklers: | No |
| Washrooms: | 0 |
| Rail: | A |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
| Sewers: | Sanitary |
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| BOSLEY REAL ESTATE LTD. |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Toronto |
| Municipality: | Toronto C01 |
| Neighbourhood: | Kensington-Chinatown |
| Tax: | $26,038 |
| Fireplace: | N |
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