349 Spadina Ave

LocationKensington-Chinatown, M5T 2G3
$2.999M For Sale
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Description

Rare Investment Opportunity to Acquire an Excellent 3-Story Mixed Use Solid Brick-Building In the Heart of Toronto's Dynamic Chinatown, Steps from the University of Toronto, Kensington Market And College St. & More. Positioned On the East Side of Spadina Avenue With a **24.75 Ft** Frontage and **126.71 Ft** Depth. This New Renovated Three-Storey Building Offers Over **3600 SqFt** of Total Space With **1,900 SqFt** Retail Area + **1,700 SqFt** Apartments On 2nd and 3rd Floor (++Extra 1,800 Sq. Ft. Basement). The Retail Main Floor Features **11 Ft & 9.5 Ft** Soaring Ceilings and Two Washrooms, Complemented By Highly Flexible Zoning. **900 SqFt** 2nd Floor Apartment Includes a Large Living Room With **10Ft** Ceiling Height, Two Bedrooms, a Brand-New Kitchen and Washroom, Plus a Generous Terrace (**800 SqFt** or so) With Sweeping City Views. **800 SqFt** 3rd Floor Apartment Offers a Large Living Room, Two Bedrooms, New Kitchen and Washroom With **9 Ft** Ceilings Throughout. The Property Has a Large Backyard, With Significant Potential to Reposition Existing GFA. Located In a Prime High-Traffic Corridor, Surrounded by Banks, Restaurants, and Retails, It Benefits From Both Heavy Pedestrian and Vehicular Exposure.

Features

  • Business Type
    Category: Hospitality/Food Related
  • Commercial Total Area
    Total Area: 3,600 sqft
  • Commercial Office Area
    Office Area: 1,700 sqft
  • Commercial Retail Area
    Retail Area: 1,900 sqft
  • Commercial Parking Types
    Parking Types: Public

Details

  • Commercial Zoning
    Zoning: Central Business District Commercial
  • Tax Amount
    Tax: $ 37,769
  • Alcohol Allowed
    Alcohol Allowed: N
  • MLS
    C12356011
  • Listing contracted with: CENTURY 21 LEADING EDGE REALTY INC.

Transit Accessibility

St. Patrick Subway Station (0.8km)
Union Go Train Station (1.8km)

Location