359 Spadina Avenue, Toronto, ON M5T 2G3
Kensington-Chinatown, Toronto · Near Spadina/College · View map
About this home
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.
The home
- Type
- Commercial retail
- Square footage
- 15000 sq ft
- Lot size
- 45 x 140 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Electric Forced Air
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $85,572/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Spadina/College
- Neighbourhood
- Kensington-Chinatown
More
- MLS® number
- C14106828
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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.
359 Spadina Avenue, Toronto, ON M5T 2G3
Kensington-Chinatown, Toronto · Near Spadina/College
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Listing history for 359 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 359 Spadina Avenue
Answers come straight from this home’s MLS® listing.
How much is 359 Spadina Avenue listed for, and what would it cost each month?
359 Spadina Avenue is listed for $6,500,000. With 20% down ($1,300,000), the mortgage payment would be roughly $26,219 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $33,350 a month, all in. That figure is an illustration, not a quote.
Is 359 Spadina Avenue freehold or a condo, and is there a monthly fee?
359 Spadina Avenue is a commercial retail 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 359 Spadina Avenue have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 359 Spadina Avenue?
359 Spadina Avenue is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 359 Spadina Avenue, and what is the lot size?
The lot is listed as 45 x 140 ft.
How is 359 Spadina Avenue heated and cooled?
Heating is electric forced air. The listing does not show air conditioning.
What are the property taxes for 359 Spadina Avenue?
Property taxes are $85,572 a year (2025), or about $7,131 a month.
Where is 359 Spadina Avenue?
359 Spadina Avenue is in the Kensington-Chinatown community of Toronto. The nearest main intersection is Spadina/College. The postal code is M5T 2G3.
Is 359 Spadina Avenue still for sale?
Yes. It is an active listing (MLS® C14106828). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 359 Spadina Avenue asking?
Similar properties for sale nearby right now include 1314-1324 - 130 Queens Quay E at $6,500,000, 90 Advance Road at $6,600,000 and 3645 Bathurst Street at $6,799,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 359 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 359 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.
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Investment$6,799,0003645 Bathurst Street, TorontoBedford Park-NortownCourtesy of: THE BEHAR GROUP REALTY INC.View home →Courtesy of: RE/MAX ATRIUM HOME REALTY
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.