Welcome to this remarkable commercial retail located in the coveted neighborhood of Kensington-Chinatown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Commercial retail unit on concourse level, available in the heart of Chinatown at 222 Spadina Ave. This approximately 300 sq. ft. space is ideally located next to a mall entrance at Spadina and Sullivan. Surrounded by a strong mix of retail and professional services this is a well exposed unit. An excellent opportunity to establish or expand your business in one of Toronto's most dynamic and high-traffic corridors. Suitable for a variety of permitted commercial uses, including retail, service-based businesses, and professional offices.
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Data-driven valuation for 222 Spadina Avenue C8, Toronto C01, ON M5T 3B3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $2,500 in Toronto, the legal minimum down payment is $125 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13 also applies, bringing the total estimated land transfer taxes to $25.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.