202 Spadina Ave - Storefront Retail/Residential FOR SALE


Toronto, ON M5T 2C2- Kensington-Chinatown
$7,000,000 CAD
647-864-5251
202 Spadina Ave, Toronto, ON for Sale
$7,000,000 CAD
Storefront Retail/Residential - FOR SALE
1/2
null | 6.84% Cap Rate

202 Spadina Ave
Toronto, ON M5T 2C2
Kensington-Chinatown


HIGHLIGHTS

  • 6.86% Cap Rate – Yielding a Significant Net Operating Income
  • Premier Downtown Location – Steps from Queen & Spadina, in the heart of Toronto’s most dynamic urban corridor
  • High-Quality Tenant Mix – 4 commercial tenants + 2 residential units in a fully leased, income-generating property
  • 8,394 SF Across 3 Floors – Efficient layout on a 3,312 SF lot with modern upgrades
  • Renovated in 2017 – Well-maintained building offering long-term durability and minimal near-term capital expenditure
  • Rare Generational Asset – A turnkey opportunity in one of Toronto’s most culturally vibrant and high-growth districts

OVERVIEW

Located steps from Toronto’s iconic Queen and Spadina corridor, 202 Spadina Avenue presents a rare opportunity to acquire a high-performing, fully stabilized urban asset. Generating over $479,063 in net annual income with a strong 6.84% cap rate, this property is positioned at the center of one of Toronto’s most vibrant and culturally rich districts. Surrounded by creative industries, tech hubs, and premium lifestyle amenities, 202 Spadina offers long-term rental growth, enduring value, and unmatched urban connectivity. A true generational asset for investors seeking stable cashflow and future appreciation in the heart of downtown Toronto

FOR SALE DETAILS

PRICE

$7,000,000 CAD

PRICE/SF

$847 CAD /SF

CAP RATE

6.84%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,312 SF

ZONING

CR

APN/PARCEL ID

190406527002700

ASK ABOUT THIS PROPERTY

Mehrdad AkhlaghiMarcus & MillichapMore Info
647-864-5251

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Mehrdad AkhlaghiMarcus & MillichapMore Info
647-864-5251

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.