359-363 Spadina Avenue, Toronto C01, ON M5T 2G3

Toronto C01 M5T 2G3 Ontario

MLS: C12402916

$9,980,000

Added 3 hours ago | For Sale

Listed by: RE/MAX ATRIUM HOME REALTY

About 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 UoT which is host over 60.000 students makes high value for the property.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 45 X 140
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Spadina/College
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $85571.64
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Electric Forced Air
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:C12402916

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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