Nest Seekers

Rarely offered for Sale 3 building with Mixed use commercial and residential.

359 Spadina Avenue
Toronto C01 M5T 2G3
Canada

Listing

Web ID:5816796
Website:https://www.nestseekers.com/5816796

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C6,500,000
($4,638,400)
(€4,135,300)
Annual Taxes:C85,571.64

Description

Rarely offered for Sale 3 building with Mixed-use commercial and residential. Current property has Commercial units at Ground-level retail units with established tenants providing stable monthly rental income and Residential at Upper-level residential apartments offering consistent occupancy and cash flow. Prime Location:Situated in one of Torontos most vibrant corridors, with high pedestrian and vehicular traffic, excellent transit access, and proximity to the citys cultural, shopping, and entertainment hubs. Development opportunity for a 60-unit apartment development of 15 floors allowing the buyer to significantly enhance the properties long-term value and income potential. Close to U oT which is host over 60.000 students makes high value for the property.

Amenities

  • Public Transit

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
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