Commercial/retail For Sale - 388 Spadina Ave, Toronto, Ontario M5T 2G5

location_on 388 Spadina Ave, Toronto

Commercial/retail

388 Spadina Ave

Toronto, Ontario M5T 2G5

$3,890,000

For Sale

Property Information

Metropolitan Commercial Realty Inc. is pleased to present the offering of 388 Spadina Ave, a unique opportunity to acquire an institutionally managed, fully-occupied property with strong contractual rental income from notable tenants, including one of Toronto’s most popular Chinese restaurants. Located in a high-traffic corridor just steps from the intersections of Spadina Avenue & College Street and Spadina Avenue & Dundas Street West, this property enjoys substantial pedestrian, vehicular, and transit exposure. The surrounding area features the University of Toronto, Kensington Market, and many cultural and tourist destinations, providing consistent foot-traffic in the area. 388 Spadina Avenue, is located in a node experiencing significant growth and intensification, further bolstering foot traffic and retail demand. The Property is well-positioned to benefit from long-term value growth for years to come, including the potential for a development assembly along this block.

Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : C9366647
Price : $3,890,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 78
Address
Postal Code : M5T 2G5
City : Toronto
Street : Spadina
Street Number : 388
Street Suffix : Ave
Floor Number : 0
Longitude : W80° 36' 2.2''
Latitude : N43° 39' 19.6''
Features
Heating System : Gas Forced Air Closd
Brokerage
Office Name : METROPOLITAN COMMERCIAL REALTY INC.
Extra Information
Air Conditioning : Y
Area : Toronto
living_area : 0
living_area_unit : Sqft
Community : Kensington-Chinatown
Extras : The total building area is 5,027 Square Feet. 3,41
Lease : Sale
Tax Year : 2024
Virtual Tour : https://listings.airunlimitedcorp.com/videos/01921

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388 Spadina Ave Toronto, Ontario M5T 2G5