349 SPADINA AVENUE, Toronto (Kensington-Chinatown)
$2,688,000
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® C13010072
- Neighbourhood
- Kensington-Chinatown
Rare Investment Opportunity to Acquire an Excellent 3-Story Mixed Use Solid Brick-Building In the Heart of Toronto's Dynamic Chinatown, Steps from the University of Toronto, Kensington Market And College St. & More. Positioned On the East Side of Spadina Avenue With a **24.75 Ft** Frontage and **126.71 Ft** Depth. This New Renovated Three-Storey Building Offers Over **3600 SqFt** of Total Space With **1,900 SqFt** Retail Area + **1,700 SqFt** Apartments On 2nd and 3rd Floor (++Extra 1,800 Sq. Ft. Basement). The Retail Main Floor Features **11 Ft & 9.5 Ft** Soaring Ceilings and Two Washrooms, Complemented By Highly Flexible Zoning. **900 SqFt** 2nd Floor Apartment Includes a Large Living Room With **10Ft** Ceiling Height, Two Bedrooms, a Brand-New Kitchen and Washroom, Plus a Generous Terrace (**800 SqFt** or so) With Sweeping City Views. **800 SqFt** 3rd Floor Apartment Offers a Large Living Room, Two Bedrooms, New Kitchen and Washroom With **9 Ft** Ceilings Throughout. The Property Has a Large Backyard, With Significant Potential to Reposition Existing GFA. Located In a Prime High-Traffic Corridor, Surrounded by Banks, Restaurants, and Retails, It Benefits From Both Heavy Pedestrian and Vehicular Exposure.
Sold data
Other homes in Toronto (Kensington-Chinatown) — recent sold market
Other homes in Toronto (Kensington-Chinatown) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
- Median days to sell
- 39
- Median sale price
- $59,000
- Sale-to-list ratio
- 90.9%
- Sold above asking
- 5%
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Toronto (Kensington-Chinatown)
Toronto (Kensington-Chinatown) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
- Rated schools
- 529
- Elementary
- 425
- Secondary
- 104
- Average rating
- 6.2 / 10
Top-rated schools in Toronto (Kensington-Chinatown)
- Cottingham — elementary, TorontoFraser rating 10.0/10
- High Park Alternative — elementary, TorontoFraser rating 10.0/10
- Northmount — elementary, TorontoFraser rating 10.0/10
- Sathya Sai — elementary, TorontoFraser rating 10.0/10
- St Michael's Choir — secondary, TorontoFraser rating 10.0/10
- St Sebastian — elementary, TorontoFraser rating 10.0/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 349 SPADINA AVENUE
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