JoinFind An ExpertServicesInsightsAbout Us
CAONTorontoKensington-Chinatown388 Spadina Ave
Image | Image 1
Link Copied

388 Spadina Ave, Toronto, ON

Real Estate

For Sale

$--,---,---
to see price

000
  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $49,232
Days Active 21
Approx. Age 
MLS® Number C12437588

Property Address: 388 Spadina Ave, Toronto, ON, M5T2G5

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to secure an institutionally manage commercial asset on ne of the busiest stretches of Chinatown, steps to University of Toronto Camps. The ground floor is fully fixtured restaurant occupied by Rol San Restaurant, a neghbourhood staple who recently extended their lease. The second floor is vacant and provides a buyer the opportunity to add significant value or occupy it as an end user. Potential NOI is $198, 754 which translates to a 6.4% cap rate. The property benefits from landlord termination rights. Further upside through future development assembly with multiple development applications submitted in the surrounding area due to future Ontario Line stop to the South. The total building area is 5, 027 Square Feet; 3, 416 SF Above Grade, plus 1, 611 Sf of basement space.Show Description
MLS® NumberC12437588
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
388 Spadina Ave, Toronto, ON

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties