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$630,000
Available - For Sale
Listing ID: C11882728
Unlock the potential of a premium retail investment in the heart of Torontos Chinatown. Units 107 and 108 at 222 Spadina Avenue offer a rare chance to own a piece of this vibrant cultural and commercial hub, with both spaces already tenanted by established businesses, ensuring immediate income stability. Units can also be acquired separately for $315,000 each! Key Features: Stable Tenancies: Unit 108: Tenanted by Chatr Mobile, a recognized brand in telecommunications. Unit 107: Occupied by Ape & Frog Collective Community Makespace and Studio, a unique and creative tenant contributing to the cultural diversity of the area. Prime Location: Situated within the bustling Chinatown Centre, steps from Spadina and Dundas, offering unmatched visibility and access to heavy pedestrian traffic, TTC streetcar lines, and nearby cultural landmarks. Stable Cash Flow: reliable tenants, providing consistent rental income and minimal downtime risk. Diverse Community: Located in a dynamic area surrounded by authentic dining, retail, and cultural destinations, drawing locals, tourists, and creatives alike.Turnkey Investment: Ideal for investors seeking a stable income-generating property with tenants already in place, minimizing management hassle. This is a rare opportunity to acquire income-producing retail units in one of Toronto's most dynamic and enduring commercial districts. Whether you're a seasoned investor or building your portfolio, this property delivers excellent value in a high-demand market. Don't miss your chance to own in the heart of Chinatown-secure this exceptional investment today! Units can be purchased individually or together.
Price $630,000
Taxes: $6,000
Tax Type: N/A
Occupancy by: Tenant
Address: 222 Spadina Ave , Unit 107&8, Toronto, M5T 3B3, Ontario
Apt/Unit: 107&8
Postal Code: M5T 3B3
Province/State: Ontario
Legal Description: MTCP 1049 Level 1 Unit 7; MTCP 1049 Leve
Lot Size: 1 x 1 (Feet)
Directions/Cross Streets: Dundas & Spadina
Zoning: N/A
Category: Retail
Use: Retail Store Related
Building Percentage: N
Total Area: 622
Total Area Code:  Sq Ft
Retail Area: 311
Retail Area Code: Sq Ft
Sprinklers: Y
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA IN

222 Spadina Ave , Unit 107&8, Toronto, M5T 3B3, Ontario


 
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Type: Com - Commercial/Retail
Area: Toronto
Municipality: Toronto
Neighbourhood: Kensington-Chinatown
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Lot Size: 1.00 x 1.00(Feet)
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Tax: $6,000
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