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$595,000
Available - For Sale
Listing ID: C12240038
Unlock the potential of a premium retail investment in the heart of Toronto's Chinatown. Units 107 and 108 at 222 Spadina Avenue offer a rarechance to own a piece of this vibrant cultural and commercial hub, with both spaces already tenanted by established businesses, ensuringimmediate 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 culturaldiversity of the area. Prime Location: Situated within the bustling Chinatown Centre, steps from Spadina and Dundas, offering unmatched visibilityand 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, andcreatives 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
Price $595,000
Taxes: $4,924
Tax Type: N/A
Assessment Year: 2024
Monthly Condo Fee: $1100
Occupancy by: Tenant
Address: 222 Spadina Aven , Toronto, M5T 3B3, Toronto
Postal Code: M5T 3B3
Province/State: Toronto
Directions/Cross Streets: Dundas/Spadina
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Commercial Condo
Building Percentage: F
Total Area: 622
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: Yes
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA IN

222 Spadina Aven , Toronto, M5T 3B3, Toronto

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Maria Tompson
Sales Representative
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Kensington-Chinatown
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Tax: $4,924
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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