$2,470,000^{FOR SALE}

Investment

Lot: 16.75 x 108 ftTotal Area: 4,067 ft²
2023 Taxes: $27,615.05

409 Spadina Ave
Toronto, ON M5T 2G6 | Kensington-Chinatown

Outstanding Investment Opportunity in the Dynamic Chinatown Locale, located on Spadina, Just South of College. The Renovated Ground Floor Restaurant is Securely Leased at $7800/Month (Including HST) with a Long Lease Agreement in Place. Additionally, there are 3 Separate Apartment Units along with 2 Extra Bedrooms, 1 Washroom, and 1 Kitchen, offering the potential for a fourth unit on the 2nd and 3rd floors, presenting a Combined Rental Potential of Approximately $8000/Month. Conveniently situated near UofT, TTC, Kensington Market, T&T Supermarket, Lively Restaurants, and Retails. Separate Hydro Meters for Commercial and Residential Units facilitate streamlined operations.

Listed By	FIRST CLASS REALTY INC.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	C8272584
Last Updated	May 03, 2024

Property Summary

Property Type	Investment More like this: Toronto Investment for Sale
Category	Retail
PIN	212100105
Legal Description	Lt 8 Pl 785 Toronto; City Of Toronto
Occupancy	Partial
Possession Date	TBA
Taxes (2023)	$27,615.05
Tax Type	Annual
Directions/Cross Streets	College / Spadina
Neighbourhood	Kensington-Chinatown
Area	Toronto

Price History

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Detailed Information

Freestanding	N
Bathrooms	9
Lot	16.75 x 108 ft
Retail Area	1,733 ft²
Total Area	4,067 ft²
Elevator	None
Air Conditioning	Part
Basement	Y
Garage Type	None
Heat Type	Baseboard
Sewers	San+Storm
Utilities	A
Water	Municipal
Clear Height	10 feet
Grade Level Shipping Doors Width	6 feet
Lot/Bldg/Unit Code	Lot
Zoning	Commercial
Seller Property Info Statement	N

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409 Spadina Ave, Toronto, ON M5T 2G6

Investment

409 Spadina Ave Toronto, ON M5T 2G6 | Kensington-Chinatown

409 Spadina Ave
Toronto, ON M5T 2G6 | Kensington-Chinatown