359 Spadina Avenue, Toronto, ON
Property Highlights
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 $7,900,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 45 x 140 ft lot size
- equipped with no central cooling and highly efficient electric forced air heating
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.
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Property Summary
This commercial retail located at 359 Spadina Avenue, Toronto is currently for sale and has been available on SousaSells for 21 days. This property is listed at $7,900,000 with an estimated mortgage of $26,296* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 359 Spadina Avenue, Toronto is in the Kensington-Chinatown neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Kensington-Chinatown, Toronto.
- •Desirable Commercial Retail architecture in Kensington-Chinatown, Toronto
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- Yes
Community Features
- Public Transit
Frequently Asked Questions about 359 Spadina Avenue, Toronto, ON
Q.What is the asking price for 359 Spadina Avenue, Toronto, ON ?
The current listing price for 359 Spadina Avenue, Toronto, ON in Kensington-Chinatown, Toronto is $7,900,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 359 Spadina Avenue, Toronto, ON ?
359 Spadina Avenue, Toronto, ON is a Commercial Retail () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Public Transit.
Q.What security features are installed at 359 Spadina Avenue, Toronto, ON ?
Security features include: Yes.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via No.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Kensington-Chinatown, Toronto
476 assaults (2122.7/100k)
152 B&E (677.9/100k)
28 thefts (124.9/100k)
Elevated vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 359 Spadina Avenue, Toronto, ON M5T 2G3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $7,900,000 in Toronto, the legal minimum down payment is $1,580,000 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 $183,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $183,975 also applies, bringing the total estimated land transfer taxes to $367,950.
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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.
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