420 Spadina Avenue Toronto, Ontario M5T 2G7
$1,898,000
Opportunity Knocks With VACANT POSSESSION At Closing! Welcome To An Extraordinary Investment Opportunity On Iconic Spadina Ave In The Heart Of Toronto. This Property Suits Both Owner-Operators & Savvy Investors To Capitalize On Immense Potential For Renovation, Development And Significant Upside. Recent Updates Include New Roof & 3rd Floor Patio (2022), Basement Sprinklers & Main Floor Alarm System. With Over 1000sqft Of Vacant Retail Space Plus Additional Storage In The Basement, Along W Over 1600sqft For The Residential Apartment, The Property Presents A Blank Canvas That Can Be Transformed Into A Modern Space Allowing Any Operator/Investor To Maximize Returns. The Property Features Parking For Up To 4 Vehicles & The Versatile Layout Of The Top Two Floors Allows For The Division Of The Residential Apartment Back Into 2 Separate Units. Whether You're An Owner-Occupier Or Investor Looking To Add To Your Portfolio, This Property In One Of Toronto's Landmark Neighbourhoods Is A Great Addition. Steps To TTC, Subway, U Of T, Gardiner & More! (id:27910)
Property Details
| MLS® Number | C8448928 |
| Property Type | Retail |
| Community Name | Kensington-Chinatown |
| Parking Space Total | 4 |
Building
| Appliances | Refrigerator, Stove |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 2665 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Irregular | 16.41 X 100 Ft |
| Size Total Text | 16.41 X 100 Ft |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 17 2024 07:30:26
Toronto Real Estate Board
Bosley Real Estate Ltd.