388 Spadina Avenue, Toronto MLS Number: C12573358
Kensington-Chinatown, Toronto, ON, M5T 2G5$3,100,000
Status: For Sale
- Property Type: Commercial (Commercial Retail)
- Property Taxes : $49232.44 (Tax Year:2025)
- Listing Courtesy : Cbre Limited
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$3,100,000
Status: For Sale
Rare opportunity to buy an institutionally managed commercial asset on one of the busiest stretches of Chinatown and steps from University of Toronto's Campus. The property is 100% leased and offers a buyer a going in yield of 6.4% and has a WALT of 6.6 years. The ground floor is a leased to Rol San who has been a neighborhood favorite for over 30 years, and the second floor is leased to Clutch games, a popular hobby and collectibles store. The leases contain rental escalations, and the property offers future development potential. The total building area is 5,027 Square Feet: 3,416 SF Above Grade, plush 1,611 SF of basement space.
| Property Type | :Commercial |
|---|---|
| MLS Number | :C12573358 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :24 Nov, 2025 (10 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Toronto |
|---|---|
| Postal Code | :
M5T 2G5
|
| Price | : $3,100,000 |
|---|---|
| Property Taxes | :$49232.44 |
| Tax Year | :2025 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Gas Forced Air Closed |
| Cross Street | :Spadina and College |
01 Oct, 2025
TREB #C12437588
Listed
$3100000.0
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