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222 SPADINA Avenue Image 1

$7,250,000

5 days agoCommercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #C12111962

222 SPADINA Avenue, Toronto C01, ON M5T 3B3

0
Similar Homes Found
$0
Average Price
725000000.0%
Higher than average

Price Comparison

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Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 222 SPADINA Avenue

High-Traffic and High-Exposure along Spadina Avenue. Strategically positioned between Queen and Dundas. Ideal for an investor or user who prefers great visibility and a wrap-around signage opportunity (similar to a corner). It comprises 8 units (5 on the ground floor and 3 on the second floor) with a modern open staircase connecting the two floors. Zoning permits most Commercial Uses: Restaurants, all Retail, Medical-Pharmacy, Office, etc. The seller advises that venting through the roof for a restaurant is permitted. There is nothing above the second floor. The shipping & receiving doors are just a few steps away from the space. There is easily accessible underground parking. The historical use and tenant was HSBC Bank: existing built-in improvements can be taken advantage of if required. Adding to its appeal, this is in the heart of Chinatown, one of Toronto's oldest and most dynamic neighbourhoods. The immediate area benefits from its high-traffic, dense population, walking proximity to and from the city's core, and drawing thousands of visitors and tourists annually, contributing to the area's consistent activity, well into the evening. The surrounding area continues to experience ongoing growth, with new residential and mixed-use developments reinforcing its position as a prime destination for shopping, dining, and urban living. Approximately 65 feet of frontage along Spadina, plus frontage along the courtyard. Asking $860 per square foot. Lowest price per square foot in the market. All reasonable offers will be considered. The space is also available For Lease (MLS #: C12111960).

Home Overview

Last updated

4 hours ago

Virtual tour

None

Basement information

Building size

8423

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

--

Listed by BRIXTON COMMERCIAL REALTY

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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