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MLS® C13816384
Kensington-Chinatown, Toronto, ON
Opportunity Knocks With Vacant Possession At Closing - your chance to secure a stand out 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 over1,000 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.
Broker
BOSLEY REAL ESTATE LTD.
Neighbourhood
Kensington-Chinatown
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Commercial Retail
420 Spadina Avenue Toronto
Kensington-Chinatown
Type
Commercial Retail
Parking
Outside/Surface
Property Tax
~$26,038/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
2679 sqft
Parking
Outside/Surface
Finances
List Price
$1,835,000
Price per SQFT
$685/sqft
Property Tax
~$26,038/yr
Property Specs
Property Type
Commercial Retail
MLS Size
2679 sqft
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
Kensington-Chinatown
Listed On
Sep 22, 2026
Public Transit
Days on Market
Current: 47 days
Room information is not available for this listing.
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