C8 - 222 SPADINA AVENUE, Toronto (Kensington-Chinatown), Ontario
$145,000
300 sq ft
MLS® C14111544
Prime Commercial Investment Opportunity in the Heart of Downtown Toronto's Chinatown! Own a well-located commercial unit in one of Chinatown's largest indoor shopping malls. This 300 sq. ft. concourse-level unit enjoys great exposure, ideally positioned beside the mall entrance at the prominent corner of Spadina Avenue and Sullivan street. Surrounded by a vibrant mix of retail, office and service businesses, the unit benefits from consistent pedestrian traffic. The presence of neighbouring established businesses help attract visitors. An excellent opportunity for an investor seeking an affordable downtown commercial property. This unit offers a low carrying costs for ownership in a prime downtown location. Adding to the property's appeal, the planned Ontario Line Chinatown Station is expected to be near by, just a short walk away, further enhancing neighbourhood accessibility and long-term investment potential. Property is currently tenanted. NOI of $18, 000.00 annually. (id:56426)
Iskra Stefanova
Listed by RE/MAX HALLMARK REALTY LTD.
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