$2,649,888
188 Spadina Avenue,
Toronto ON, M5T 4A4
Description
Attention Savvy Investors! Rare opportunity to own prime retail in the heart of Toronto. Incredibly located just feet from the high volume intersection of Queen Street and Spadina Avenue. High volume of traffic driven by TTC located outside your doorstep and high rise condos above and adjacent to the location. Increased development with additional condo high rises and new hotel accommodations around the corner, will drive even higher customer density, for this amazing retail location. This property comprises units 15, 16 and 17 at 188 Spadina Ave. Currently leased as two businesses with a combined gross income of $11425.63. Current cap rate is an attractive 3.93%!
Details
| MLS# | H4100268 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 32 |
Features
| SQ Feet | 2,411 |
|---|---|
| Story(s) | 1 |
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| Area Information | |
|---|---|
| Province | ON |
| County | Toronto |
| City | Toronto |
| Postal Code | M5T 4A4 |
| Area | Toronto |
| Listing VS Median (in M5T 4A4) | |
Price: $2,649,888 low | high Med: $2,649,888 SqFt: 2,411 low | high Med: 2,411 $ / SqFt: $1,099 low | high Med: $1,099 On Site: 32 low | high Med: 32 Sourced by Back At You | |
Listing Updated: April 12, 2021 8:02:16 PM PDT
MLS Number: H4100268Listing Provided By:
Anthony Mason of EXP Realty of Canada Inc.