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420 Spadina Avenue Toronto, Ontario M5T 2G7

2665 sqft
Partially Air Conditioned Other

$1,988,800

Opportunity knocks with VACANT POSSESSION at closing! Welcome to an extraordinary investment opportunity on iconic Spadina Ave in the heart of Toronto. This property suits both owner-operators & savvy investors to capitalize on immense potential for renovation, development and significant upside. Recent updates include new roof & 3rd floor patio (2022), basement sprinklers & main floor alarm system. With over 1000sqft of vacant retail space plus additional storage in the basement, along w over 1600sqft for the residential apartment, the property presents a blank canvas that can be transformed into a modern space allowing any operator/investor to maximize returns. The property features parking for up to 4 vehicles & the versatile layout of the top two floors allows for the division of the residential apartment back into 2 separate units. Whether you're an owner-occupier or investor looking to add to your portfolio, this property in one of Toronto's landmark neighbourhoods is a great addition. Steps to TTC, Subway, U of T, Gardiner & more! (id:21328)

Property Details

MLS® Number C8189998
Property Type Retail
Community Name Kensington-Chinatown
Parking Space Total 4

Building

Appliances Refrigerator, Stove
Cooling Type Partially Air Conditioned
Heating Fuel Natural Gas
Heating Type Other
Size Interior 2665 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Irregular 16.41 X 100 Ft
Size Total Text 16.41 X 100 Ft

https://www.realtor.ca/real-estate/26691594/420-spadina-avenue-toronto-kensington-chinatown

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