420 Spadina Avenue, Toronto, ON M5T 2G7
Kensington-Chinatown, Toronto · Near College & Spadina · View map
About this home
Opportunity Knocks With Vacant Possession At Closing - your chance to secure a stand out property on iconic Spadina Avenue, perfectly positioned in the heart of Toronto. Ideal for owner-operators and strategic investors alike, this mixed-use building offers remarkable scope for renovation, redevelopment, and long-term value growth. Recent upgrades - including a new roof and third-floor patio (2022), basement sprinklers, and a main floor security system provide a solid framework for your next evolution of the space. The property features over1,000 sq. ft. of vacant retail space ready for occupancy, complemented by basement storage and a spacious 1,600+ sq. ft. residential apartment above. This flexible layout invites the creation of a contemporary live-work environment, boutique retail concept, or fully leased investment property. The top two floors can easily be reconfigured into two distinct residential units, broadening income potential, while parking for up to four vehicles adds everyday convenience rarely found downtown. Set within one of Toronto's most dynamic neighbourhoods, steps to TTC, the subway, U of T, the Gardiner and more, this address delivers both a prime location and compelling opportunity. Whether you're envisioning a flagship operation, a modern live-work space, or a strategic addition to your real estate portfolio, this Spadina Avenue property stands ready to perform.
The home
- Type
- Commercial retail
- Square footage
- 2679 sq ft
- Lot size
- 16.4 x 100 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Partial
Garage & parking
- Garage
- Outside/Surface
- Total parking
- None
Taxes & other
- Property taxes
- $26,038/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Immediate
- Cross street
- College & Spadina
- Neighbourhood
- Kensington-Chinatown
More
- MLS® number
- C13816384
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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.
420 Spadina Avenue, Toronto, ON M5T 2G7
Kensington-Chinatown, Toronto · Near College & Spadina
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Listing history for 420 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 420 Spadina Avenue
Answers come straight from this home’s MLS® listing.
How much is 420 Spadina Avenue listed for, and what would it cost each month?
420 Spadina Avenue is listed for $1,835,000. With 20% down ($367,000), the mortgage payment would be roughly $7,402 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $9,572 a month, all in. That figure is an illustration, not a quote.
Is 420 Spadina Avenue freehold or a condo, and is there a monthly fee?
420 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 420 Spadina Avenue have a garage and parking?
Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.
What style of home is 420 Spadina Avenue?
420 Spadina Avenue is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 420 Spadina Avenue, and what is the lot size?
The lot is listed as 16.4 x 100 ft.
How is 420 Spadina Avenue heated and cooled?
Heating is gas forced air open. Cooling is partial.
What are the property taxes for 420 Spadina Avenue?
Property taxes are $26,038 a year (2025), or about $2,170 a month.
Where is 420 Spadina Avenue?
420 Spadina Avenue is in the Kensington-Chinatown community of Toronto. The nearest main intersection is College & Spadina. The postal code is M5T 2G7.
Is 420 Spadina Avenue still for sale?
Yes. It is an active listing (MLS® C13816384). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 420 Spadina Avenue asking?
Similar properties for sale nearby right now include 394 Spadina Avenue at $1,599,000, 246 Spadina Avenue at $2,350,000 and 374 Spadina Avenue at $1,299,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 420 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 420 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$1,599,000394 Spadina Avenue, TorontoKensington-ChinatownCourtesy of: CB METROPOLITAN COMMERCIAL LTD.View home →
Store w apt / office$2,350,000246 Spadina Avenue, TorontoKensington-ChinatownCourtesy of: CENTURY 21 REGAL REALTY INC.View home →
Land$1,299,000374 Spadina Avenue, TorontoKensington-ChinatownCourtesy of: CENTURY 21 ATRIA REALTY INC.View home →Courtesy of: BOSLEY REAL ESTATE LTD.
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.