188 Spadina Avenue Toronto, Ontario M5T 4A4
$2,649,888Maintenance,
$2,744.86 Monthly
Maintenance,
$2,744.86 MonthlyAttention 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 driven by TTC located outside your doorstep and 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, for this amazing retail location. 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%! (id:32733)
Property Details
| MLS® Number | H4100268 |
| Property Type | Retail |
| Parking Space Total | 1 |
Building
| Basement Type | None |
| Cooling Type | Air Conditioned |
| Heating Type | Forced Air |
| Size Exterior | 2411 Sqft |
| Size Interior | 2411 Sqft |
| Type | Retail |
| Utility Water | Municipal Water |
Parking
| Underground |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Irregular | 0 X 0 |
| Size Total Text | 0 X 0 |
| Zoning Description | Cr 3.5 (c2.0;r2.5) Ss2 (x2353) |
https://www.realtor.ca/real-estate/22923127/188-spadina-avenue-toronto
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May 03 2021 03:08:08
REALTORS® Association of Hamilton-Burlington
Exp Realty