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349 Spadina Av 3,600 SF 100% Leased Retail Building Toronto, ON M5T 2G3 $1,894,292 USD ($526.19 USD/SF)
Investment Highlights
- Strong street presence with approximately 24.75 ft of frontage and 126.71 ft of depth on a high-traffic corridor.
- Large rear yard provides potential to enhance or reposition the existing GFA.
- Prime Spadina Avenue location, just steps from the University of Toronto, Kensington Market, College Street, and major transit.
- Surrounded by banks, restaurants, and retail amenities with exceptional pedestrian and vehicular exposure.
Executive Summary
Rare investment opportunity to acquire a renovated three-storey solid brick mixed-use building in the heart of Toronto’s vibrant Chinatown, steps from the University of Toronto, Kensington Market, and College Street. Located on the east side of Spadina Avenue, the property offers approximately 24.75 ft of frontage and 126.71 ft of depth.
The building provides over 3,600 sq. ft. above grade, including 1,900 sq. ft. of retail space on the main floor and 1,700 sq. ft. of residential across the second and third floors, plus an additional 1,800 sq. ft. basement. The retail space features 11 ft and 9.5 ft ceilings, two washrooms, and flexible zoning.
The second-floor apartment (~900 sq. ft.) includes two bedrooms, a new kitchen and washroom, 10 ft ceilings, and access to a large private terrace. The third-floor apartment (~800 sq. ft.) offers two bedrooms, a new kitchen and washroom, and 9 ft ceilings throughout. A large rear yard provides added upside.
Positioned along a high-traffic corridor surrounded by banks, restaurants, and retail, the property benefits from excellent pedestrian and vehicular exposure and strong long-term investment potential.
The building provides over 3,600 sq. ft. above grade, including 1,900 sq. ft. of retail space on the main floor and 1,700 sq. ft. of residential across the second and third floors, plus an additional 1,800 sq. ft. basement. The retail space features 11 ft and 9.5 ft ceilings, two washrooms, and flexible zoning.
The second-floor apartment (~900 sq. ft.) includes two bedrooms, a new kitchen and washroom, 10 ft ceilings, and access to a large private terrace. The third-floor apartment (~800 sq. ft.) offers two bedrooms, a new kitchen and washroom, and 9 ft ceilings throughout. A large rear yard provides added upside.
Positioned along a high-traffic corridor surrounded by banks, restaurants, and retail, the property benefits from excellent pedestrian and vehicular exposure and strong long-term investment potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,600 SF
Building Class
C
Year Built
1900
Price
$1,894,292 USD
Price Per SF
$526.19 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
12’
Zoning
CR
Frontage
65’ on Spadina Ave
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Nearby Major Retailers
Contacts
-
Century 21 Leading Edge Experia Realty Inc. Julia Hu -
Lincoln
Lai
- Century 21 Leading Edge Experia Realty Inc.
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Presented by
Century 21 Leading Edge Experia Realty Inc.
349 Spadina Av
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