349 Spadina Av - Storefront Retail/Residential FOR SALE


Toronto, ON M5T 2G3- Kensington-Chinatown
$2,688,000 CAD
416-494-5955
349 Spadina Av, Toronto, ON for Sale
$2,688,000 CAD
Storefront Retail/Residential - FOR SALE
1/36
null | Request Cap Rate

349 Spadina Av
Toronto, ON M5T 2G3
Kensington-Chinatown


HIGHLIGHTS

  • Strong street presence with approximately 24.75 ft of frontage and 126.71 ft of depth on a high-traffic corridor.
  • Prime Spadina Avenue location, just steps from the University of Toronto, Kensington Market, College Street, and major transit.
  • Large rear yard provides potential to enhance or reposition the existing GFA.
  • Surrounded by banks, restaurants, and retail amenities with exceptional pedestrian and vehicular exposure.

OVERVIEW

Rare investment opportunity to acquire a renovated three-storey solid brick mixed-use building in the heart of Toronto’s vibrant Chinatown, steps from the University of Toronto, Kensington Market, and College Street. Located on the east side of Spadina Avenue, the property offers approximately 24.75 ft of frontage and 126.71 ft of depth. The building provides over 3,600 sq. ft. above grade, including 1,900 sq. ft. of retail space on the main floor and 1,700 sq. ft. of residential across the second and third floors, plus an additional 1,800 sq. ft. basement. The retail space features 11 ft and 9.5 ft ceilings, two washrooms, and flexible zoning. The second-floor apartment (~900 sq. ft.) includes two bedrooms, a new kitchen and washroom, 10 ft ceilings, and access to a large private terrace. The third-floor apartment (~800 sq. ft.) offers two bedrooms, a new kitchen and washroom, and 9 ft ceilings throughout. A large rear yard provides added upside. Positioned along a high-traffic corridor surrounded by banks, restaurants, and retail, the property benefits from excellent pedestrian and vehicular exposure and strong long-term investment potential.

FOR SALE DETAILS

PRICE

$2,688,000 CAD

PRICE/SF

$747 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CR

APN/PARCEL ID

190406576000600,190406576000700

ASK ABOUT THIS PROPERTY

Julia HuCentury 21 Leading Edge Experia Realty Inc.More Info
416-494-5955

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Julia HuCentury 21 Leading Edge Experia Realty Inc.More Info
416-494-5955

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