380 Spadina Av
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380 Spadina Av
8,142 SF 100% Leased Retail Building Toronto, ON M5T 2G5 $2,298,000 CAD ($282 CAD/SF)
Investment Highlights
- Heavy Foot Traffic
- Lots of natural light
Executive Summary
Prime 3-storey mixed-use investment opportunity on bright West side of Spadina Ave. Quality ground floor retailer with secure Lease (4 years remain) offers steady income stream + 2 recently renovated residential apartments on 2nd & 3rd floors. 2nd floor apartment vacant & 3rd floor apartment is M2M quality tenant. Fully leased this building generates over $11,350 per month or $136,200 annually in gross income.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,142 SF
Building Class
C
Year Built
1900
Price
$2,298,000 CAD
Price Per SF
$282 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
12’
Building FAR
2.39
Lot Size
0.08 AC
Zoning
CR
Parking
2 Spaces (0.27 Spaces per 1,000 SF Leased)
Frontage
19 ft on Spadina Avenue
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (98)
Bike Score®
Biker's Paradise (100)
Nearby Major Retailers
1 of 3
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380 Spadina Av
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