388 Spadina AVE Active Save Request In-Person Tour Request Virtual Tour
Toronto C01,ON M5T 2G5
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,416 sqft
Price per Sqft $1,138
MLS Listing ID C9366647
Annual Tax Amount $48,213
Tax Year 2024
Property Description
Metropolitan Commercial Realty Inc. is pleased to present the offering of 388 Spadina Ave, a unique opportunity to acquire an institutionally managed, fully-occupied property with strong contractual rental income from notable tenants, including one of Toronto's most popular Chinese restaurants. Located in a high-traffic corridor just steps from the intersections of Spadina Avenue & College Street and Spadina Avenue & Dundas Street West, this property enjoys substantial pedestrian, vehicular, and transit exposure. The surrounding area features the University of Toronto, Kensington Market, and many cultural and tourist destinations, providing consistent foot-traffic in the area. 388 Spadina Avenue, is located in a node experiencing significant growth and intensification, further bolstering foot traffic and retail demand. The Property is well-positioned to benefit from long-term value growth for years to come, including the potential for a development assembly along this block.
Location
Province ON
County Toronto
Community Kensington-Chinatown
Area Toronto
Region Kensington-Chinatown
City Region Kensington-Chinatown
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features No