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$1,898,000
Status: OFF MARKET
Opportunity Knocks With VACANT POSSESSION At Closing! Welcome To An Extraordinary Investment Opportunity On Iconic Spadina Ave In The Heart Of Toronto. This Property Suits Both Owner-Operators & Savvy Investors To Capitalize On Immense Potential For Renovation, Development And Significant Upside. Recent Updates Include New Roof & 3rd Floor Patio (2022), Basement Sprinklers & Main Floor Alarm System. With Over 1000sqft Of Vacant Retail Space Plus Additional Storage In The Basement, Along W Over 1600sqft For The Residential Apartment, The Property Presents A Blank Canvas That Can Be Transformed Into A Modern Space Allowing Any Operator/Investor To Maximize Returns. The Property Features Parking For Up To 4 Vehicles & The Versatile Layout Of The Top Two Floors Allows For The Division Of The Residential Apartment Back Into 2 Separate Units. Whether You're An Owner-Occupier Or Investor Looking To Add To Your Portfolio, This Property In One Of Toronto's Landmark Neighbourhoods Is A Great Addition. Steps To TTC, Subway, U Of T, Gardiner & More!
| Property Type | :Commercial |
|---|---|
| MLS Number | :C8448928 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :07 Aug, 2024 (485 Days ago) |
| Source | :TRREB |
| Area | :Toronto |
|---|---|
| Postal Code | :
M5T 2G7
|
| Price | : $1,898,000 |
|---|---|
| Property Taxes | :$23591.23 |
| Tax Year | :2023 |
|---|
| Cross Street | :College & Spadina |
|---|
| Virtual Tour | :Virtual Tour (External Link) |
|---|
17 Jun, 2024
TREB #C8448928
Available
$1898000.0
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