349 Spadina Avenue

Kensington-Chinatown, Toronto C01, ON M5T 2G3

$2,688,000

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.