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188 Spadina Avenue Toronto, Ontario M5T 4A4

2411 sq feet
Air Conditioned Forced Air

$2,649,888

Maintenance,

$2,744.86 Monthly

Attention Savvy Investors! Rare opportunity to own prime retail in the heart of Toronto. Incredibly located just feet from the high volume intersection of Queen Street and Spadina Avenue. High volume of traffic driven by TTC located outside your doorstep and high rise condos above and adjacent to the location. Increased development with additional condo high rises and new hotel accommodations around the corner, will drive even higher customer density, for this amazing retail location. This property comprises units 15, 16 and 17 at 188 Spadina Ave. Currently leased as two businesses with a combined gross income of $11425.63. Current cap rate is an attractive 3.93%! (id:31087)

Property Details

MLS® Number H4100268
Property Type Retail
Parking Space Total 1

Building

Basement Type None
Cooling Type Air Conditioned
Fireplace Present No
Heating Type Forced Air
Size Interior 2411
Type Retail
Utility Water Municipal Water

Parking

Underground

Land

Acreage No
Sewer Sanitary Sewer
Size Irregular 0 X 0
Size Total Text 0 X 0
Zoning Description Cr 3.5 (c2.0;r2.5) Ss2 (x2353)

https://www.realtor.ca/real-estate/22923127/188-spadina-avenue-toronto

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