222 Spadina Avenue, Toronto C01, ON Image 1

$630,000

Commercial Retail For Sale
MLS - #C11882728
Dec 5, 2024- By MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.

222 Spadina Avenue, Toronto C01, ON M5T 3B3

Bed
Bath
622 Sqft.
None Garage

Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

622 Sqft

About 222 Spadina Avenue

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.

Home Overview

Last updated

Dec 5, 2024

Virtual tour

None

Basement information

Building size

622

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
63000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 222 Spadina Avenue

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$2406.17/ month
$504,000 Principal and Interest

Some information about this property - Spadina Avenue

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