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
Homes in Kensington Chinatown — recent sold market
Homes in Kensington Chinatown took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 64, across 46 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $614,400.
Homes sold for about 4.6% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
- Median days to sell
- 31
- Median sale price
- $614,400
- Sale-to-list ratio
- 95.4%
- Sold above asking
- 7%
Based on 46 recorded sales in the last 90 days — 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
$2,599,900
Other2261 DUNDAS STREET W, Roncesvalles, Toronto
$2,500,000
Other640 YONGE STREET, Bay Street Corridor, Toronto
$2,499,000
Other422 QUEEN STREET W, Kensington-Chinatown, Toronto
$2,988,000
Other2963 DUNDAS STREET W, Junction Area, Toronto
$2,495,000
Other3221 YONGE STREET, Lawrence Park North, Toronto
$2,985,000
Other3219 YONGE STREET, Lawrence Park North, Toronto
$3,099,900
Other2651 YONGE STREET, Mount Pleasant East, Toronto
$3,195,000
Other3217 YONGE STREET, Lawrence Park North, Toronto