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SaleCommercial Retail

222 Spadina Avenue

Toronto C01, ON M5T 3B3

Price

$145,000

Building Size

300 sq ft

Lot: 300 sq ft

MLS# C14111544 | Listed by RE/MAX HALLMARK REALTY LTD.

Business Details

Property Use

Commercial Condo

Commercial Space & Financials

Retail Area

300 sq ft

Taxes (Annual)

$1,799

Property Description

Prime Commercial Investment Opportunity in the Heart of Downtown Toronto's Chinatown! Own a well-located commercial unit in one of Chinatown's largest indoor shopping malls. This 300 sq. ft. concourse-level unit enjoys great exposure, ideally positioned beside the mall entrance at the prominent corner of Spadina Avenue and Sullivan street. Surrounded by a vibrant mix of retail, office and service businesses, the unit benefits from consistent pedestrian traffic. The presence of neighbouring established businesses help attract visitors. An excellent opportunity for an investor seeking an affordable downtown commercial property. This unit offers a low carrying costs for ownership in a prime downtown location. Adding to the property's appeal, the planned Ontario Line Chinatown Station is expected to be near by, just a short walk away, further enhancing neighbourhood accessibility and long-term investment potential. Property is currently tenanted. NOI of $18, 000.00 annually.

Price & Status History

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Listing Courtesy of: RE/MAX HALLMARK REALTY LTD.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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