420 Spadina Ave, Toronto, M5T 2G7

Listing Overview

Description

Opportunity Knocks With VACANT POSSESSION At Closing! Welcome To An Extraordinary Investment Opportunity On Iconic Spadina Ave In The Heart Of Toronto. This Property Suits Both Owner-Operators & Savvy Investors To Capitalize On Immense Potential For Renovation, Development And Significant Upside. Recent Updates Include New Roof & 3rd Floor Patio (2022), Basement Sprinklers & Main Floor Alarm System. With Over 1000sqft Of Vacant Retail Space Plus Additional Storage In The Basement, Along W Over 1600sqft For The Residential Apartment, The Property Presents A Blank Canvas That Can Be Transformed Into A Modern Space Allowing Any Operator/Investor To Maximize Returns. The Property Features Parking For Up To 4 Vehicles & The Versatile Layout Of The Top Two Floors Allows For The Division Of The Residential Apartment Back Into 2 Separate Units. Whether You're An Owner-Occupier Or Investor Looking To Add To Your Portfolio, This Property In One Of Toronto's Landmark Neighbourhoods Is A Great Addition. Steps To TTC, Subway, U Of T, Gardiner & More!

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On Market

Store W/Apt/Office

Property Type

$23,591 / Year

Est. Taxes

Store With Apt/Office

Style

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Business Type

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Franchise