$595,000
Available - For Sale
Listing ID: C12240038
222 Spadina Avenue , Toronto, M5T 3B3, Toronto
| Unlock the potential of a premium retail investment in the heart of Toronto's Chinatown. Units 107 and 108 at 222 Spadina Avenue offer a rarechance to own a piece of this vibrant cultural and commercial hub, with both spaces already tenanted by established businesses, ensuringimmediate 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 culturaldiversity of the area. Prime Location: Situated within the bustling Chinatown Centre, steps from Spadina and Dundas, offering unmatched visibilityand 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, andcreatives 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 |
| Price | $595,000 |
| Taxes: | $4924.00 |
| Tax Type: | N/A |
| Assessment Year: | 2024 |
| Monthly Condo Fee: | $1100 |
| Occupancy: | Tenant |
| Address: | 222 Spadina Avenue , Toronto, M5T 3B3, Toronto |
| Postal Code: | M5T 3B3 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Dundas/Spadina |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Commercial Condo |
| Building Percentage: | F |
| Total Area: | 622.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA IN |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Toronto |
| Municipality: | Toronto C01 |
| Neighbourhood: | Kensington-Chinatown |
| Tax: | $4,924 |
| Fireplace: | N |
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