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$1,988,000

Commercial Retail

405 Spadina Avenue, Toronto, ON M5T 2G6Kensington-Chinatown

Listing Overview

MLS ID:C12473180
Status:Price Change
Type:Commercial / Commercial Retail
Taxes:$28,892 / yr (2025)
Days on Market:168
Listed:2025-10-21
Last Updated:Feb 9, 2026
Cross Street:Spadina Ave / College St
Data Source:PROPTX

Interior

Utilities

Heat Type:Baseboard

Outdoor / Lot

Lot Size:× 108ft

Parking

Garage Type:Outside/Surface
Parking Spaces:2

Description

Prime three-storey mixed-use building located steps from the University of Toronto in the heart of downtown Toronto's Spadina Avenue corridor. The property totals approximately 2,435 SF and features an 853 SF fully-fixtured restaurant on the ground floor with a short-term lease in place, offering immediate flexibility for a purchaser. Two well-positioned residential apartments above provide stable supplementary income, and have convenient parking at the rear of the property. Highly visible along one of Toronto's most trafficked retail corridors, the property benefits from exceptional pedestrian and vehicular exposure and direct access to TTC streetcar service. Surrounded by new mixed-use developments, restaurants, and cultural amenities, this location sits within a high-growth area experiencing strong population and rental demand, making it a compelling opportunity for purchasers.

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