Lower Level - 261 Spadina Avenue, Toronto, ON M5T 2E3
Kensington-Chinatown, Toronto · Near Spadina & Dundas St W · View map
About this home
Prime Lower-Level Commercial Leasing Opportunity In The Heart Of Toronto's Chinatown! Located Directly On Spadina Avenue, Just South Of Dundas Street West, In A Vibrant Downtown Area With Strong Pedestrian Traffic And An Established Mix Of Shops And Restaurants. Spacious Premises Offering Potential For A Variety Of Retail And Food-Service Uses, Including A Café, Restaurant Or Dessert Shop, Subject To Zoning And Landlord Approval. Convenient Access To Major Streets And Public Transit. An Excellent Opportunity To Establish Or Expand Your Business In A Sought-After Downtown Location.
The home
- Type
- Commercial retail
- Square footage
- 2700 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $13/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Immd
- Cross street
- Spadina & Dundas St W
- Neighbourhood
- Kensington-Chinatown
More
- MLS® number
- C14090836
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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.
261 Spadina Avenue, Toronto, ON M5T 2E3
Kensington-Chinatown, Toronto · Near Spadina & Dundas St W
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Listing history for 261 Spadina Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about Lower Level - 261 Spadina Avenue
Answers come straight from this home’s MLS® listing.
How much is Lower Level - 261 Spadina Avenue listed for, and what would it cost each month?
Lower Level - 261 Spadina Avenue is listed for $22. With 20% down ($4), the mortgage payment would be roughly $0 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1 a month, all in. That figure is an illustration, not a quote.
Is Lower Level - 261 Spadina Avenue freehold or a condo, and is there a monthly fee?
Lower Level - 261 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 Lower Level - 261 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 Lower Level - 261 Spadina Avenue?
Lower Level - 261 Spadina Avenue is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is Lower Level - 261 Spadina Avenue heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for Lower Level - 261 Spadina Avenue?
Property taxes are $13 a year (2026), or about $1 a month.
Where is Lower Level - 261 Spadina Avenue?
Lower Level - 261 Spadina Avenue is in the Kensington-Chinatown community of Toronto. The nearest main intersection is Spadina & Dundas St W. The postal code is M5T 2E3.
Is Lower Level - 261 Spadina Avenue still for sale?
Yes. It is an active listing (MLS® C14090836). Listings here update from the board through the day and come down once a home sells.
What are similar properties near Lower Level - 261 Spadina Avenue asking?
Similar properties for sale nearby right now include Upper - 261 Spadina Avenue at $99,000, 304 - 720 Spadina Avenue at $22 and 311 - 720 Spadina Avenue at $25. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 261 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 Lower Level - 261 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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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.