Kensington-Chinatown, M5T 2G6
Description
Prime three-storey mixed-use building located steps from the University of Toronto in the heart of downtown Toronto's Spadina Avenue corridor. The property totals approximately 2,435 SF and features an 853 SF fully-fixtured restaurant on the ground floor with a short-term lease in place, offering immediate flexibility for a purchaser. Two well-positioned residential apartments above provide stable supplementary income, and have convenient parking at the rear of the property. Highly visible along one of Toronto's most trafficked retail corridors, the property benefits from exceptional pedestrian and vehicular exposure and direct access to TTC streetcar service. Surrounded by new mixed-use developments, restaurants, and cultural amenities, this location sits within a high-growth area experiencing strong population and rental demand, making it a compelling opportunity for purchasers.
Features
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Category: Hospitality/Food Related
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Total Area: 2,360 sqft
- Office Area: 1,582 sqft
- Retail Area: 778 sqft
- Total Parkings: 2
- Parking Types: Outside/Surface
Details
- Zoning: Central Business District Commercial
- Tax: $ 28,892
- Alcohol Allowed: N
- C12473180
- Listing contracted with: CUSHMAN & WAKEFIELD
