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For saleMLS® C13816384

420 Spadina Avenue, Toronto, ON M5T 2G7

Kensington-Chinatown · C01 · M5T 2G7

$1,835,000

$685 / sq ft

1 months on market

Total area
2,679 sf
Lot
16.41 × 100 ft

What's special

  • Outside/surface garage
  • Partial

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About this property

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.

Property details

Property

Property type
retail
Interior size
2,679 sq ft
Lot size
16.41 × 100 ft
Zoning
CR2.5 (c2;r2) *1865)
Possession
Immediate

Interior

Heating
Gas Forced Air Open
Cooling
Partial

Exterior & services

Garage
Outside/Surface
Sewer
Sanitary

Costs

List price
$1,835,000
Property taxes
$26,038 / year (2025)
Price per sq ft
$685

Listing

MLS® number
C13816384
Status
For sale
Listed
September 22, 2026
Days on market
43
Last updated
October 26, 2026
Listing brokerage
BOSLEY REAL ESTATE LTD.

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 47% of comparable retail listings in Kensington-Chinatown are asking less.

$192KMedian $1.92M$4.45M
This home
$685 / sq ft
Comparable median
$702 / 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 $367,000
$367,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$8,116.82
Property tax (est.)
$2,169.83
Estimated monthly
$10,287

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
$33,175
Toronto municipal
$33,175
Total due on closing
$66,350

An estimate on the asking price of $1,835,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of BOSLEY REAL ESTATE LTD.. 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.

$1,835,000

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