Exceptional mixed-use opportunity at 246 Spadina Ave, Toronto! This prominent property features a spacious main storefront of over 2,000 sq. ft., offering excellent flexibility for a variety of retail, commercial, office, showroom, or service uses. The property also includes a recently updated 2-bedroom apartment with 2.5 washrooms, providing comfortable residential accommodation or additional income potential. Enjoy the added convenience of ample parking at the rear, a valuable feature in this central Toronto location. With a strong combination of commercial space, residential accommodation, parking, and prominent street presence, this property offers a unique opportunity for an owner-user or investor. Seller is open to considering Vendor Take-Back (VTB) financing for qualified buyers, subject to mutually acceptable terms. A versatile property with tremendous potential and multiple possibilities. Great opportunity awaits the right buyer! (id:374)
| MLS # | C13812010 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 39 |
| Listing Provided By | CENTURY 21 REGAL REALTY INC. | HORACE OMAR DOCKERY |
| SQ Feet | 5,000 |
|---|---|
| Zoning | CR5(c2.5;r4*2340),CR5(c2.5;r4*23 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Parking Total | 5 |
|---|
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 23679 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Toronto (Kensington-Chinatown) |
| Postal Code | M5T2C2 |
| Listing VS Median (in M5T2C2) | |
Price: $2,350,000 low | high Med: $2,350,000 sqft: 5,000 low | high Med: 5,000 $ / sqft: $470 low | high Med: $470 On site: 39 low | high Med: 39 | |
| Province | ON |
|---|---|
| City | Toronto (Kensington-Chinatown) |
| Postal Code | M5T2C2 |
| Listing VS Median (in M5T2C2) | |
Price: $2,350,000 low | high Med: $2,350,000 sqft: 5,000 low | high Med: 5,000 $ / sqft: $470 low | high Med: $470 On site: 39 low | high Med: 39 | |