420 Spadina Ave

LocationKensington-Chinatown, M5T 2G7
$1.935M For Sale

Description

Opportunity Knocks With Vacant Possession At Closing - your chance to secure a standout property on iconic Spadina Avenue, perfectly positioned in the heart of Toronto.Ideal for owner-operators and strategic investors alike, this mixed-use building offers remarkable scope for renovation, redevelopment, and long-term value growth. Recent upgrades - including a new roof and third-floor patio (2022), basement sprinklers, and a main floor security system - provide a solid framework for your next evolution of the space.The property features over 1,000 sq. ft. of vacant retail space ready for occupancy, complemented by basement storage and a spacious 1,600+ sq. ft. residential apartment above. This flexible layout invites the creation of a contemporary live-work environment, boutique retail concept, or fully leased investment property. The top two floors can easily be reconfigured into two distinct residential units, broadening income potential, while parking for up to four vehicles adds everyday convenience rarely found downtown.Set within one of Toronto's most dynamic neighbourhoods, steps to TTC, the subway, U of T, the Gardiner and more, this address delivers both a prime location and compelling opportunity. Whether you're envisioning a flagship operation, a modern live-work space, or a strategic addition to your real estate portfolio, this Spadina Avenue property stands ready to perform.

Features

  • Business Type
    Category: Retail Store Related
  • Commercial Total Area
    Total Area: 2,679 sqft
  • Commercial Office Area
    Office Area: 1,653 sqft
  • Commercial Retail Area
    Retail Area: 1,012 sqft
  • Commercial Parking Types
    Parking Types: Outside/Surface

Details

  • Commercial Zoning
    Zoning: Central Business District Commercial
  • Tax Amount
    Tax: $ 26,038
  • Business Opening Days
    Opening Days: Varies
  • Alcohol Allowed
    Alcohol Allowed: N
  • Commercial Features
    Features: Public Transit
  • MLS
    C13004322
  • Listing contracted with: BOSLEY REAL ESTATE LTD.

Transit Accessibility

Queen's Park Subway Station (0.8km)
Union Go Train Station (2km)

Location