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    188 Spadina Ave , Unit

    Toronto, ON M5T 4A4
    • $2,649,888
    • STATUS: Active
    • ON SITE: 20 days
    • MLS #: C5198459
    UPDATED: 59 min ago
    $2,649,888
    • 0
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    Neighbourhood:
    Type:
    Commercial
    County:
    Area:

    Description

    Attention Savvy Investors! Rare Opportunity To Own Prime Retail In The Heart Of Toronto. Incredibly Located Just Feet From The High Volume Intersection Of Queen Street And Spadina Avenue. High Volume Of Traffic. Ttc Located On Your Doorstep High Rise Condos Above And Adjacent To The Location. Increased Development With Additional Condo High Rises And New Hotel Accommodations Around The Corner, Will Drive Even Higher Customer Density.

    Extras: This Property Comprises Units 15, 16 And 17 At 188 Spadina Ave. Currently Leased As Two Businesses With A Combined Gross Income Of $11425.63. Current Cap Rate Is An Attractive 3.93%! Tenants Are Open To Stay. Both Are Current With Payments.

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    Listing information © 2021 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Forest Hill Real Estate Inc Brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2021-05-07T06:42:17.243.
    www.foresthillbarrie.com/homes/116213058
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    188 Spadina Ave , Unit Toronto, ON M5T 4A4

    • Price: $2,649,888
    • Status: Active
    • Updated: 59 min ago
    • MLS #: C5198459
    0
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighbourhood:
    Kensington-Chinatown
    County:
    Ontario
    Area:
    Toronto C01
    Property Description
    Attention Savvy Investors! Rare Opportunity To Own Prime Retail In The Heart Of Toronto. Incredibly Located Just Feet From The High Volume Intersection Of Queen Street And Spadina Avenue. High Volume Of Traffic. Ttc Located On Your Doorstep High Rise Condos Above And Adjacent To The Location. Increased Development With Additional Condo High Rises And New Hotel Accommodations Around The Corner, Will Drive Even Higher Customer Density.

    Extras: This Property Comprises Units 15, 16 And 17 At 188 Spadina Ave. Currently Leased As Two Businesses With A Combined Gross Income Of $11425.63. Current Cap Rate Is An Attractive 3.93%! Tenants Are Open To Stay. Both Are Current With Payments.
    Exterior Features

    Area Influences Public TransitSubways Freestanding No Garage Type Underground Lot Depth 0.00 Lot Front 0.00 Lot Size Code Feet

    Interior Features

    Air Conditioning Y Basement N Elevator None Heat Type Gas Forced Air Closd Retail Area 2411 Retail Area Code Sq Ft Total Area 2411.00 Total Area Code Sq Ft

    Property Features

    Category Retail Chattels No Commercial Condo Fees 2744.86 Commercial Type Commercial/Retail Cross Streets Queen Street & Spadina Avenue Financial Statement No List Price Type For Sale LLBO No Lot Code Unit Occupancy Own+Ten Sale Or Lease Sale Seller Property Info Statement No Sewer Sanitary Sprinklers Y Tax Year 2020 Taxes 12734.00 Taxes Type Annual Use Retail Store Related Utilities Y Water Municipal Zoning Cr 3.5 (C2.0;R2.5) Ss2 (X2353)

    Listing courtesy of Exp Realty, Brokerage.
    Listing information © 2021 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Forest Hill Real Estate Inc Brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2021-05-07T06:42:17.243.
     
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    Barrie ON, L4N 5R7