359 Spadina Avenue, Toronto, ON M5T 2G3
Kensington-Chinatown · C01 · M5T 2G3
$6,500,000
$433 / sq ft2 weeks on market
- Total area
- 15,000 sf
- Lot
- 45 × 140 ft
About this property
Rarely offered for Sale 3 building with Mixed-use commercial and residential. Current property has Commercial units at Ground-level retail units with established tenants providing stable monthly rental income and Residential at Upper-level residential apartments offering consistent occupancy and cash flow. Prime Location:Situated in one of Torontos most vibrant corridors, with high pedestrian and vehicular traffic, excellent transit access, and proximity to the citys cultural, shopping, and entertainment hubs. Development opportunity for a 60-unit apartment development of 15 floors allowing the buyer to significantly enhance the properties long-term value and income potential. Close to U oT which is host over 60.000 students makes high value for the property.
Property details
Property
- Property type
- retail
- Interior size
- 15,000 sq ft
- Lot size
- 45 × 140 ft
- Zoning
- Commecial And Residential
- Possession
- Flexible
Interior
- Heating
- Electric Forced Air
- Cooling
- No
Costs
- List price
- $6,500,000
- Property taxes
- $85,572 / year (2025)
- Price per sq ft
- $433
Listing
- MLS® number
- C14106828
- Status
- For sale
- Listed
- October 22, 2026
- Days on market
- 14
- Last updated
- October 22, 2026
- Listing brokerage
- RE/MAX ATRIUM HOME REALTY
Price & sale history
This property's sale history is hidden
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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 above most comparable listings — about 94% of comparable retail listings in Kensington-Chinatown are asking less.
- This home
- $433 / 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
- Principal & interest
- $28,751.69
- Property tax (est.)
- $7,130.97
- Estimated monthly
- $35,883
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
- $148,975
- Toronto municipal
- $223,975
- Total due on closing
- $372,950
An estimate on the asking price of $6,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX ATRIUM HOME REALTY. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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