Unlock the potential of a premium retail investment in the heart of Torontos Chinatown. Units 107 and 108 at 222 Spadina Avenue offer a rare chance to own a piece of this vibrant cultural and commercial hub, with both spaces already tenanted by established businesses, ensuring immediate income stability. Units can also be acquired separately for $315,000 each! Key Features: Stable Tenancies: Unit 108: Tenanted by Chatr Mobile, a recognized brand in telecommunications. Unit 107: Occupied by Ape & Frog Collective Community Makespace and Studio, a unique and creative tenant contributing to the cultural diversity of the area. Prime Location: Situated within the bustling Chinatown Centre, steps from Spadina and Dundas, offering unmatched visibility and access to heavy pedestrian traffic, TTC streetcar lines, and nearby cultural landmarks. Stable Cash Flow: reliable tenants, providing consistent rental income and minimal downtime risk. Diverse Community: Located in a dynamic area surrounded by authentic dining, retail, and cultural destinations, drawing locals, tourists, and creatives alike.Turnkey Investment: Ideal for investors seeking a stable income-generating property with tenants already in place, minimizing management hassle. This is a rare opportunity to acquire income-producing retail units in one of Toronto's most dynamic and enduring commercial districts. Whether you're a seasoned investor or building your portfolio, this property delivers excellent value in a high-demand market. Don't miss your chance to own in the heart of Chinatown-secure this exceptional investment today! Units can be purchased individually or together. |
Price | $630,000 |
Taxes: | $6000.00 |
Tax Type: | N/A |
Occupancy by: | Tenant |
Address: | 222 Spadina Ave , Unit 107&8, Toronto, M5T 3B3, Ontario |
Apt/Unit: | 107&8 |
Postal Code: | M5T 3B3 |
Province/State: | Ontario |
Legal Description: | MTCP 1049 Level 1 Unit 7; MTCP 1049 Leve |
Lot Size: | 1.00 x 1.00 (Feet) |
Directions/Cross Streets: | Dundas & Spadina |
Category: | Retail |
Use: | Retail Store Related |
Building Percentage: | N |
Total Area: | 622.00 |
Total Area Code: | Sq Ft |
Retail Area: | 311 |
Retail Area Code: | Sq Ft |
Sprinklers: | Y |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA IN |
|
Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | Toronto |
Municipality: | Toronto |
Neighbourhood: | Kensington-Chinatown |
Lot Size: | 1.00 x 1.00(Feet) |
Tax: | $6,000 |