359 SPADINA AVENUE

$7,900,000

359 SPADINA AVENUE

Kensington-Chinatown, Toronto, ON

Type
Retail
Status
Active
Living area
15,000 sqft
MLS®
C13669700

About this 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 U oT which is host over 60.000 students makes high value for the property. (id:66946)

Listing courtesy of RE/MAX ATRIUM HOME REALTY. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.