246 Spadina Avenue, Toronto, ON M5T 2C2
Kensington-Chinatown, Toronto · Near Spadina and Dundas · View map
About this home
Exceptional mixed-use opportunity at 246 Spadina Ave, Toronto! This prominent property features a spacious main storefront of over 2,000 sq. ft., offering excellent flexibility for a variety of retail, commercial, office, showroom, or service uses. The property also includes a recently updated 2-bedroom apartment with 2.5 washrooms, providing comfortable residential accommodation or additional income potential. Enjoy the added convenience of ample parking at the rear, a valuable feature in this central Toronto location. With a strong combination of commercial space, residential accommodation, parking, and prominent street presence, this property offers a unique opportunity for an owner-user or investor. Seller is open to considering Vendor Take-Back (VTB) financing for qualified buyers, subject to mutually acceptable terms. A versatile property with tremendous potential and multiple possibilities. Great opportunity awaits the right buyer!
The home
- Type
- Store w apt / office
- Square footage
- 5000 sq ft
- Lot size
- 16.8 x 118 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Driveway spaces
- 5
- Total parking
- 5
Taxes & other
- Property taxes
- $23,679/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- 60-90
- Cross street
- Spadina and Dundas
- Neighbourhood
- Kensington-Chinatown
More
- MLS® number
- C13812010
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
246 Spadina Avenue, Toronto, ON M5T 2C2
Kensington-Chinatown, Toronto · Near Spadina and Dundas
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Listing history for 246 Spadina Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 246 Spadina Avenue
Answers come straight from this home’s MLS® listing.
How much is 246 Spadina Avenue listed for, and what would it cost each month?
246 Spadina Avenue is listed for $2,350,000. With 20% down ($470,000), the mortgage payment would be roughly $9,479 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $11,453 a month, all in. That figure is an illustration, not a quote.
Is 246 Spadina Avenue freehold or a condo, and is there a monthly fee?
246 Spadina Avenue is a store w apt / office in Kensington-Chinatown, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 246 Spadina Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 5 spaces. In total the listing counts 5 parking spaces.
What style of home is 246 Spadina Avenue?
246 Spadina Avenue is a store w apt / office. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 246 Spadina Avenue, and what is the lot size?
The lot is listed as 16.8 x 118 ft.
How is 246 Spadina Avenue heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 246 Spadina Avenue?
Property taxes are $23,679 a year (2025), or about $1,973 a month.
Where is 246 Spadina Avenue?
246 Spadina Avenue is in the Kensington-Chinatown community of Toronto. The nearest main intersection is Spadina and Dundas. The postal code is M5T 2C2.
Is 246 Spadina Avenue still for sale?
Yes. It is an active listing (MLS® C13812010). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 246 Spadina Avenue asking?
Similar properties for sale nearby right now include 349 Spadina Avenue at $2,688,000, 420 Spadina Avenue at $1,835,000 and 27 & 29 Kensington Avenue at $2,380,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 246 Spadina Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 246 Spadina Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Kensington-Chinatown, picked by style, size and price.
Commercial retail$2,688,000349 Spadina Avenue, TorontoKensington-ChinatownCourtesy of: CENTURY 21 LEADING EDGE EXPERIA REALTY INC.View home →
Commercial retail$1,835,000420 Spadina Avenue, TorontoKensington-ChinatownCourtesy of: BOSLEY REAL ESTATE LTD.View home →
Store w apt / office$2,380,00027 & 29 Kensington Avenue, TorontoKensington-ChinatownCourtesy of: REAL ONE REALTY INC.View home →Courtesy of: CENTURY 21 REGAL REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.