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C5657116
$2,599,900

407 Spadina Ave (Spadina Ave / College St)

Price: $2,599,900

Status: For Sale 

MLS®#: C5657116

$2,599,900
  • Tax: $23,029.09/Annual (2021)
  • Community:Kensington-Chinatown
  • City:Toronto
  • Type:Commercial
  • Style:Commercial/Retail
  • Size: 2,942 Sq Ft
  • Basement:Y

Features:

  • HeatingGas Forced Air Open
  • Sewer/Water SystemsSan+Storm, Municipal

Listing Contracted With: ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE

Description

Rare 3-Storey Mixed-Use Retail Investment Opportunity On Spadina Ave, Steps To College Street, University Of Toronto, Kensington Market And Downtown Core. High Pedestrian & Vehicular Traffic. Many New High-Density Residential And Commercial Development In The Surrounding Area. Significant Investment Spent On Building Upgrades. Home Inspection Report Available. Well-Maintained Building With Significant Upside Potential As Rents Are Below-Market.


Highlights

Nicely Renovated Restaurant On 1029 Sf On Main Floor Plus 955 Sf Finished Basement. Spacious 2Bed Apartments On 2nd & 3rd Floor. Rear Patio & Large Skylight In 3rd Floor Apt. 3 Car Parking From Laneway. Hydro Separately Metered. 400 Amps

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Lisa Graham

Sales Representative

Royal LePage, Johnston & Daniel Division

Integrity. Expertise. Outstanding Results.