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Last Updated : 129 Days ago
298 Spadina Avenue, Toronto, ON, Kensington-Chinatown
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298 Spadina Avenue, Toronto MLS Number: C13148308

Kensington-Chinatown, Toronto, ON, M5T 2E7

$9,975,000

Status: For Sale

  • Property Type: Commercial (Commercial Retail)
  • Property Taxes : $53433.77 (Tax Year:2025)
  • Listing Courtesy : Jones Lang Lasalle Real Estate Services, Inc.

298 Spadina Avenue Property Description

Substantially re-built, institutional quality retail asset for sale at Dundas Street and Spadina Avenue. The property is anchored by McDonalds under a 20-year net lease with built-in rent escalations, providing predictable long term cash flow from an investment-grade tenant. The ground floor retail component is fully leased to two tenants and features 50 feet of prominent Spadina Avenue frontage. The building recently underwent comprehensive reconstruction and renovation in 2023, including new roof, HVAC systems, facade, exterior windows, and fully renovated second-floor space, effectively eliminating near-term capital requirements. Clear path to value creation and enhanced returns for investors through strategic lease-up of pristine, turnkey second floor space. Or prime opportunity for owner-user to establish presence at one of the busiest pedestrian intersections in Toronto.

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298 Spadina Avenue Property Facts

Property Type :Commercial
MLS Number :C13148308
Listing Type :Sale
Possession Date :
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Last Updated :20 May, 2026 (129 Days ago)
Source :Toronto Regional Real Estate Board
Area :Toronto
Postal Code : M5T 2E7
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298 Spadina Avenue Property Price & Tax Insights

Price : $9,975,000
Property Taxes :$53433.77
Tax Year :2025

298 Spadina Avenue, Toronto Property Details

Air Conditioning :Yes
Heating :Gas Forced Air Open
Cross Street :Dundas St W/Spadina Ave

298 Spadina Avenue, Toronto - Price History

2026-05

20 May, 2026

TREB #C13148308

Listed

$9975000.0

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  • 800k
  • 1.2M
  • 1.6M
  • 2M+
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  • 6
  • 12
  • 18
  • 24
  • 30+
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  • 6
  • 12
  • 18
  • 24
  • 30+

298 Spadina Avenue - Location Map and Landmarks

  • St Patrick Subway, Toronto 0.87 km
  • Osgoode Subway, Toronto 0.99 km
  • Queen'S Park Subway, Toronto 0.99 km
  • St Andrew Subway, Toronto 1.27 km
  • Dundas Subway, Toronto 1.51 km
  • College Subway, Toronto 1.54 km
  • Queen Subway, Toronto 1.56 km
  • Museum Subway, Toronto 1.6 km
  • Spadina Subway, Toronto 1.62 km
  • St George Subway, Toronto 1.68 km
  • Subway Academy Two, Toronto 0.38 km
  • Beverley School, Toronto 0.38 km
  • Heydon Park Secondary School, Toronto 0.38 km
  • Ryerson Community School, Toronto 0.39 km
  • Cornerstone Preparatory, Toronto 0.44 km
  • Ogden Junior Public School, Toronto 0.45 km
  • Ocad University - Main Building, Toronto 0.6 km
  • Ocad University - Rosalie Sharp Pavilion, Toronto 0.61 km
  • Ocad University - Annex Building, Toronto 0.61 km
  • Ocad University - Abovegrd Art Supplies, Toronto 0.62 km
  • Krembil Research Institute, Toronto 0.54 km
  • Toronto Western Hospital, Toronto 0.55 km
  • University Health Network - Toronto Western, Toronto 0.56 km
  • University Health Network - Toronto Rehabilitation Institute, Toronto 0.78 km
  • Sinai Health System - Mount Sinai, Toronto 0.82 km
  • Mount Sinai Hospital, Toronto 0.82 km
  • Princess Margaret Hosp, Toronto 0.86 km
  • University Health Network - Princess Margaret Cancer Centre, Toronto 0.88 km
  • Mount Sinai Hospital Special Pregnancy Program, Toronto 0.88 km
  • The Leroy And Elizabeth Macmillan Plastic Surgery Clinic, Toronto 0.96 km
  • Oriental Harvest, Toronto 0.03 km
  • Hua Sheng Supermarket, Toronto 0.06 km
  • Dragon City Mall, Toronto 0.09 km
  • Ho Long Supermarket, Toronto 0.15 km
  • Kai Wei Supermarket, Toronto 0.16 km
  • Sinnon Fruit Market, Toronto 0.17 km
  • China City Supermarket, Toronto 0.21 km
  • Chinatown Centre, Toronto 0.25 km
  • Lusitania Grocery Ltd, Toronto 0.25 km
  • Hang Hing Hong Foods, Toronto 0.25 km
  • Dundas Street West and Spadina Avenue, Toronto 0.06 km
  • Dundas Street West and Augusta Avenue, Toronto 0.23 km
  • Nassau Street and Spadina Avenue, Toronto 0.3 km
  • Spadina Avenue and Nassau Street, Toronto 0.3 km
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FAQs: 298 Spadina Avenue, Toronto

  • Q: Does this Project 298 Spadina Avenue available for Sale ?

    A: The project 298 Spadina Avenue is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 298 Spadina Avenue is Offering?

    A:Square Yards is giving a Cashback of $49,875 if you buy this property from us, however there are several key features offered by the 298 Spadina Avenue. You get + Beds with Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 298 Spadina Avenue, Toronto?

    A: 298 Spadina Avenue, Toronto comes with + Beds for maximum convenience and space. There are baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Toronto, On?

    A:Toronto, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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