Opportunity Knocks With Vacant Possession At Closing - your chance to secure a standout property on iconic Spadina Avenue, perfectly positioned in the heart of Toronto.Ideal for owner-operators and strategic investors alike, this mixed-use building offers remarkable scope for renovation, redevelopment, and long-term value growth. Recent upgrades - including a new roof and third-floor patio (2022), basement sprinklers, and a main floor security system - provide a solid framework for your next evolution of the space.The property features over 1,000 sq. ft. of vacant retail space ready for occupancy, complemented by basement storage and a spacious 1,600+ sq. ft. residential apartment above. This flexible layout invites the creation of a contemporary live-work environment, boutique retail concept, or fully leased investment property. The top two floors can easily be reconfigured into two distinct residential units, broadening income potential, while parking for up to four vehicles adds everyday convenience rarely found downtown.Set within one of Toronto's most dynamic neighbourhoods, steps to TTC, the subway, U of T, the Gardiner and more, this address delivers both a prime location and compelling opportunity. Whether you're envisioning a flagship operation, a modern live-work space, or a strategic addition to your real estate portfolio, this Spadina Avenue property stands ready to perform.
Address
420 Spadina Avenue
List Price
$1,935,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Kensington-Chinatown
Region
Toronto
Lot Depth
100
Lot Shape
Irregular
Lot Type
Lot
Lot Irregularities
100.47 ft x 16.78 ft x 100.44 ft x 15.51
Lot Size Units
Feet
Lot Width
16.41
Parcel Number
212350155
Total Building Area
2679
Occupant Type
Vacant
Cross Street
College & Spadina
MLS® Number
C13004322
Listing Brokerage
BOSLEY REAL ESTATE LTD.
Basement
Yes
Postal Code
M5T 2G7
Posession Details
Flexible
Tax Amount
$26,038.00
Tax Year
2025
Site Influences
Public Transit
Community Features
Public Transit
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Partial
Garage Type
Outside/Surface
Tax Legal Description
PT LT 6 PL 99 TORONTO AS IN WA84096; CITY OF TORONTO
Security Features
No
Sewer
Sanitary
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