$145,000
Available - For Sale
Listing ID: C14111544
222 Spadina Avenue , Toronto, M5T 3B3, Toronto
| Prime Commercial Investment Opportunity in the Heart of Downtown Toronto's Chinatown! Own a well-located commercial unit in one of Chinatown's largest indoor shopping malls. This 300 sq. ft. concourse-level unit enjoys great exposure, ideally positioned beside the mall entrance at the prominent corner of Spadina Avenue and Sullivan street. Surrounded by a vibrant mix of retail, office and service businesses, the unit benefits from consistent pedestrian traffic. The presence of neighbouring established businesses help attract visitors. An excellent opportunity for an investor seeking an affordable downtown commercial property. This unit offers a low carrying costs for ownership in a prime downtown location. Adding to the property's appeal, the planned Ontario Line Chinatown Station is expected to be near by, just a short walk away, further enhancing neighbourhood accessibility and long-term investment potential. Property is currently tenanted. NOI of $18, 000.00 annually. |
| Price | $145,000 |
| Taxes: | $1799.00 |
| Tax Type: | Annual |
| Monthly Condo Fee: | $348 |
| Occupancy: | Tenant |
| Address: | 222 Spadina Avenue , Toronto, M5T 3B3, Toronto |
| Postal Code: | M5T 3B3 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Spadina Ave and Dundas St West |
| 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Commercial Condo |
| Building Percentage: | F |
| Total Area: | 300.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Metres |
| Area Influences: | Public Transit Subways |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Partial |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK REALTY LTD. |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Toronto |
| Municipality: | Toronto C01 |
| Neighbourhood: | Kensington-Chinatown |
| Tax: | $1,799 |
| Fireplace: | N |
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