420 Spadina Ave Toronto, Ontario M5T 2G7

2665 sqft
Partially Air Conditioned

$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:47351)

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Property Details

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

Building

Cooling Type Partially Air Conditioned
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-ave-toronto-kensington-chinatown

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April 06 2024 03:20:18

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