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For saleMLS® C13010072

349 Spadina Avenue, Toronto, ON M5T 2G3

Kensington-Chinatown · C01 · M5T 2G3

$2,688,000

$747 / sq ft

6 months on market

Total area
3,600 sf
Lot
20.33 × 130 ft

What's special

  • Public garage
  • Yes

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About this property

Rare Investment Opportunity to Acquire an Excellent 3-Story Mixed Use Solid Brick-Building In the Heart of Toronto's Dynamic Chinatown, Steps from the University of Toronto, Kensington Market And College St. & More. Positioned On the East Side of Spadina Avenue With a **24.75 Ft** Frontage and **126.71 Ft** Depth. This New Renovated Three-Storey Building Offers Over **3600 SqFt** of Total Space With **1,900 SqFt** Retail Area + **1,700 SqFt** Apartments On 2nd and 3rd Floor (++Extra 1,800 Sq. Ft. Basement). The Retail Main Floor Features **11 Ft & 9.5 Ft** Soaring Ceilings and Two Washrooms, Complemented By Highly Flexible Zoning. **900 SqFt** 2nd Floor Apartment Includes a Large Living Room With **10Ft** Ceiling Height, Two Bedrooms, a Brand-New Kitchen and Washroom, Plus a Generous Terrace (**800 SqFt** or so) With Sweeping City Views. **800 SqFt** 3rd Floor Apartment Offers a Large Living Room, Two Bedrooms, New Kitchen and Washroom With **9 Ft** Ceilings Throughout. The Property Has a Large Backyard, With Significant Potential to Reposition Existing GFA. Located In a Prime High-Traffic Corridor, Surrounded by Banks, Restaurants, and Retails, It Benefits From Both Heavy Pedestrian and Vehicular Exposure.

Property details

Property

Property type
retail
Interior size
3,600 sq ft
Lot size
20.33 × 130 ft
Zoning
2.5(C2;R2) SS2(*1865)
Possession
Flexible

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Public
Sewer
Sanitary

Costs

List price
$2,688,000
Property taxes
$37,769 / year (2025)
Price per sq ft
$747

Listing

MLS® number
C13010072
Status
For sale
Listed
April 16, 2026
Days on market
202
Last updated
September 23, 2026
Listing brokerage
CENTURY 21 LEADING EDGE EXPERIA REALTY INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 66% of comparable retail listings in Kensington-Chinatown are asking less.

$192KMedian $1.84M$4.45M
This home
$747 / sq ft
Comparable median
$690 / sq ft

Based on 32 comparable active retail listings in Kensington-Chinatown. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $537,600
$537,600
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$11,889.93
Property tax (est.)
$3,147.42
Estimated monthly
$15,037

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$53,675
Toronto municipal
$53,675
Total due on closing
$107,350

An estimate on the asking price of $2,688,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CENTURY 21 LEADING EDGE EXPERIA REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,688,000

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