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222 Spadina Avenue Image 1

$630,000

Dec 5, 2024Commercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #C11882728

222 Spadina Avenue, Toronto C01, ON M5T 3B3

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Average Price
63000000.0%
Higher than average

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Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 222 Spadina Avenue

Unlock the potential of a premium retail investment in the heart of Torontos Chinatown. Units 107 and 108 at 222 Spadina Avenue offer a rare chance to own a piece of this vibrant cultural and commercial hub, with both spaces already tenanted by established businesses, ensuring immediate 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 cultural diversity of the area. Prime Location: Situated within the bustling Chinatown Centre, steps from Spadina and Dundas, offering unmatched visibility and 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, and creatives 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.

Home Overview

Last updated

Dec 5, 2024

Virtual tour

None

Basement information

Building size

622

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

--

Listed by MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.

Additional Details

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

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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