3
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$630,000
Est. payment /mo
622 SqFt
Active
222 Spadina AVE #107&8 Toronto C01, ON M5T 3B3
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UPDATED:
12/05/2024 05:17 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 622 sqft
Price per Sqft $1,012
MLS Listing ID C11882728
Annual Tax Amount $6,000
Tax Year 2023
Property Description
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.
Location
Province ON
County Toronto
Community Kensington-Chinatown
Area Toronto
Region Kensington-Chinatown
City Region Kensington-Chinatown
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Depth 1.0
Others
Security Features Yes
Listed by MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.