$630,000
( $1012.86Per Sq Foot )
 $3,382 est/mo Sourced by Back At You

#107&8 - 222 Spadina Avenue , Toronto C01, ON M5T 3B3

Toronto C01, ON M5T 3B3

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Description

Unlock the potential of a premium retail investment in the heart of Torontos Chinatown. Units 107 and 108 at 222 Spadina Avenue offer a rare chance to own a piece of this vibrant cultural and commercial hub, with both spaces already tenanted by established businesses, ensuring immediate income stability. Units can also be acquired separately for $315,000 each! Key Features: Stable Tenancies: Unit 108: Tenanted by Chatr Mobile, a recognized brand in telecommunications. Unit 107: Occupied by Ape & Frog Collective Community Makespace and Studio, a unique and creative tenant contributing to the cultural diversity of the area. Prime Location: Situated within the bustling Chinatown Centre, steps from Spadina and Dundas, offering unmatched visibility and access to heavy pedestrian traffic, TTC streetcar lines, and nearby cultural landmarks. Stable Cash Flow: reliable tenants, providing consistent rental income and minimal downtime risk. Diverse Community: Located in a dynamic area surrounded by authentic dining, retail, and cultural destinations, drawing locals, tourists, and creatives alike.Turnkey Investment: Ideal for investors seeking a stable income-generating property with tenants already in place, minimizing management hassle. This is a rare opportunity to acquire income-producing retail units in one of Toronto's most dynamic and enduring commercial districts. Whether you're a seasoned investor or building your portfolio, this property delivers excellent value in a high-demand market. Don't miss your chance to own in the heart of Chinatown-secure this exceptional investment today! Units can be purchased individually or together.

Details

MLS#C11882728
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site41
Listing Provided ByMARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC. | Not Provided

Features

SQ Feet622
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 55 minutes ago
StateON
CountyToronto
CityToronto C01
Zip CodeM5T 3B3
AreaKensington Chinatown
Listing VS Median (in M5T 3B3)
Price:
$630,000
low | high
Med:
$82,000
100% of Average
SqFt:
622
low | high
Med:
234
100% of Average
$ / SqFt:
$1,013
low | high
Med:
$350
100% of Average
On Site:
41
low | high
Med:
242.500000
16.907216494845% of Average
Sourced by Back At You
Listing Updated: December 5, 2024 at 11:50:32 PM PST