409 Spadina Ave Toronto, Ontario - MLS#: C8272584
$2,470,000
Outstanding Investment Opportunity in the Dynamic Chinatown Locale, located on Spadina, Just South of College. The Renovated Ground Floor Restaurant is Securely Leased at $7800/Month (Including HST) with a Long Lease Agreement in Place. Additionally, there are 3 Separate Apartment Units along with 2 Extra Bedrooms, 1 Washroom, and 1 Kitchen, offering the potential for a fourth unit on the 2nd and 3rd floors, presenting a Combined Rental Potential of Approximately $8000/Month. Conveniently situated near UofT, TTC, Kensington Market, T&T Supermarket, Lively Restaurants, and Retails. Separate Hydro Meters for Commercial and Residential Units facilitate streamlined operations. (id:51158)
MLS: C8272584 For sale : 409 SPADINA AVE Outstanding Investment Opportunity in the Dynamic Chinatown Locale, located on Spadina, Just South of College. The Renovated Ground Floor Restaurant is Securely Leased at $7800/Month (Including HST) with a Long Lease Agreement in Place. Additionally, there are 3 Separate Apartment Units along with 2 Extra Bedrooms, 1 Washroom, and 1 Kitchen, offering the potential for a fourth unit on the 2nd and 3rd floors, presenting a Combined Rental Potential of Approximately $8000/Month. Conveniently situated near UofT, TTC, Kensington Market, T&T Supermarket, Lively Restaurants, and Retails. Separate Hydro Meters for Commercial and Residential Units facilitate streamlined operations. (id:51158)
⚡⚡⚡ Disclaimer: While we strive to provide accurate information, it is essential that you to verify all details, measurements, and features before making any decisions.⚡⚡⚡
📞📞📞Please Call me with ANY Questions, 416-477-2620📞📞📞
Property Details
| MLS® Number | C8272584 |
| Property Type | Business |
| Community Name | Kensington-Chinatown |
About 409 Spadina Ave, Toronto, Ontario
Building
| Bathroom Total | 9 |
| Cooling Type | Partially Air Conditioned |
| Heating Type | Baseboard Heaters |
| Size Interior | 4067 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Irregular | 16.75 X 108 Ft |
| Size Total Text | 16.75 X 108 Ft |
https://www.realtor.ca/real-estate/26804242/409-spadina-ave-toronto-kensington-chinatown
Interested?
Contact us for more information
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®)
May 03 2024 05:25:06
Toronto Real Estate Board
First Class Realty Inc.