420 SPADINA AVENUE

Toronto, Ontario, M5T2G7, Canada

$1,988,800

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!

Virtual Tour: https://www.elitepropertiestoronto.com/420spadina

Last updated on : Monday 13th of May 2024 09:42:42 PM

ADDRESS

Street : 420 SPADINA AVENUE

City : Toronto

Province : Ontario

Country : Canada

Postal Code : M5T2G7

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PROPERTY SUMMARY

Property ID : C8189998

Building Type : Residential Commercial Mix

Property Type : Retail

Parking : 4

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