Development potential -  image for concept only
359-363 Spadina Avenue photo 2

359-363 Spadina Avenue

Toronto C01, ON M5T 2G3

ActiveFor Sale
0 Beds
0 Baths
15,000 Sq Ft
Commercial

About This Property

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 UoT which is host over 60.000 students makes high value for the property.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size15,000 sq ft
Bedrooms0
Bathrooms0
Postal CodeM5T 2G3
Last UpdatedAug 8, 2026 · 8:36 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® C12402916

Listed by RE/MAX ATRIUM HOME REALTY

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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$9,980,000

asking price

MLS®C12402916
TypeCommercial
CityToronto C01
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$48,734

/month · $7,984,000 mortgage

Down Payment20% — $1,996,000
Interest Rate5.5%

Amortization

Total Interest

$6,636,097

Total Cost

$14,620,097

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

RE/MAX ATRIUM HOME REALTY