359-363 Spadina Avenue, Toronto (Kensington-Chinatown), ON M5T2G3
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Listing Type
Commercial/Industrial
Listing Status
active
2
$9,980,000
Home Details for 359-363 Spadina Avenue
Price
$9,980,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Parking
Days on site
9
Listing #
C12402916
Property Description
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. (id:31684)
Property Features
Heating Information
Forced Air
Electric
Listing Courtesy: RE/MAX ATRIUM HOME REALTY
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Median Days on Site
Median Square Feet
Market statistics compiled from data from Canadian Real Estate Association.