237 – 222 SPADINA AVENUE

$398,000

Kensington-Chinatown, Toronto, Ontario

  • 1,932 square feet
Commercial · RetailType
Forced air, Natural gasHeating
Fully air conditionedCooling
192Days on market
$206 / sqftPrice / sqft

About this property

A small multi-unit retail portfolio within Chinatown Centre under single ownership. The property includes one retail condominium unit of approximately 91 square feet together with seven exclusive use retail kiosks, totalling approximately 1,932 square feet distributed throughout the Centre. The kiosks are positioned along the main retail level near entrances from Spadina Avenue, Cameron Street, and the stair access to the lower-level food court, placing the units within established daily pedestrian movement. The retail condominium unit is located on the second floor and features glass walls from floor to ceiling. The structure allows income from multiple tenants with leases occurring at different times, reducing reliance on a single business while maintaining flexibility over time. The overall footprint remains compact and straightforward to manage. The property currently generates positive net cash flow and provides stable income from diversified tenants. The portfolio will appeal to investors, retail owners and operators, and business owners familiar with Chinatown Centre and its central downtown location. (id:66327)

Property details

Interior

Living area
1,932 square feet

Exterior & parking

Structure type
Retail
Architectural style
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Lot size
Unit=359.62 x 209.48 FT
Parking features
Underground

Building & HOA

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

Financial & legal

List price
$398,000
Price / sqft
$206 / sqft
Annual taxes
$7,199
Status
Active
MLS® number
C12799006

Location

City
Toronto
Neighbourhood
Kensington-Chinatown
Province
Ontario
Postal code
M5T3A2
Directions
Cross Streets: Spadina + Dundas W. ** Directions: Spadina + Dundas.

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).