Very close to the future Queen & Spadina SUBWAY STATION. High-Traffic and High-Exposure along Spadina Avenue. Strategically positioned between Queen Street West and Dundas Street. It is ideal for a user or an investor who prefers great visibility and would benefit from a wrap-around signage opportunity (similar characteristics to a corner). Comprised of 8 units (5 on the ground floor and 3 on the second floor), connectivity between the floors is facilitated with a modern open staircase, providing an elegant transition. Zoning permits most commercial uses: Restaurants, all Retail, Medical-Pharmacy, Office, etc. The seller/landlord advises that venting through the roof is permitted - there is nothing above the second floor. The multiple large roll-up shipping & receiving doors are just a few steps away from the space. Easily accessible underground parking is abundant. The historical use and tenant was HSBC Bank. There are existing built-in improvements that can be taken advantage of (if required). This is in the heart of Chinatown, one of Toronto's oldest and most dynamic neighbourhoods. This location is near Kensington Market, the Art Gallery of Ontario, and the University of Toronto. The immediate area benefits from its high-traffic, dense population, walking proximity to and from the city's core, and draws 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. Price reduced by $1 million > "Motivated Seller" > now asking $742 per square foot (the lowest price per square foot in the market). Also available For Lease.
-
On Market
Commercial/Retail
Property Type
$45,668 / Year
Est. Taxes
Commercial Condo
Style
Retail Store Related
Business Type
-
Franchise
Listing Details
Lot Depth:
-
Lot Size:
-
Style:
Commercial Condo
Exterior Construction:
-
Roof Material:
-
Patio/Deck:
-
Driveway:
-
Swimming Pool:
-
Schools nearby
Listing Brokerage
MLS® Listing
C12111962
Brokerage
BRIXTON COMMERCIAL REALTY
BRIXTON COMMERCIAL REALTY - Disclaimer: The information contained in this listing has not been verified by BRIXTON COMMERCIAL REALTY and should be verified by the buyer.
Data is deemed reliable but not guaranteed accurate by TRREB.
