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200 Spadina Ave 6,652 SF 100% Leased Retail Building Toronto, ON M5T 2C2 $6,879,000 CAD ($1,034.13 CAD/SF)


EXECUTIVE SUMMARY
Rare opportunity at the highly coveted Queen & Spadina intersection in the heart of downtown Toronto's Kensington-Chinatown / Fashion District - a location that needs no introduction. This prominent two-storey commercial building offers approximately 7,600 SF of leasable space (measured to 2020 BOMA standards) and was formerly occupied by a medical clinic and pharmacy. The property features sixteen offices/suites, two reception areas, two waiting areas, and four washrooms, including two accessible washrooms, along with a two-storey elevator servicing the main and second floors. An additional 1,500+ SF basement provides flexibility for storage or potential additional income. The building offers separate entrances to the main floor, second floor, and basement. The space is substantially built-out, with approximately $100,000 remaining to complete final finishes, allowing an owner or user to customize to their needs. Ideal for medical, professional, or institutional users seeking a high-profile downtown location with strong long-term potential. Marketing package available upon request. **New roof to be installed** **Main floor clear height 13 ft**
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,652 SF
Building Class
C
Year Built
1976
Price
$6,879,000 CAD
Price Per SF
$1,034.13 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.08 AC
Zoning
CR - Commercial Residential
Frontage
41’ on Spadina Ave
AMENITIES
- Bus Line
- Commuter Rail
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (99)
NEARBY MAJOR RETAILERS
1 of 3
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200 Spadina Ave
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