C8 - 222 SPADINA AVENUE, Toronto (Kensington-Chinatown)

$130,000

For sale: Other

Other at C8 - 222 SPADINA AVENUE, Toronto (Kensington-Chinatown)
Property type
Commercial Retail
MLS®
MLS® C13535242
Neighbourhood
Kensington-Chinatown

Prime Commercial Opportunity in the Heart of Downtown Toronto's Chinatown! Own a well-located commercial unit in one of Chinatown's largest indoor shopping malls. This approximately 300 sq. ft. concourse-level unit enjoys great exposure, ideally positioned beside the mall entrance at the prominent corner of Spadina Avenue and Sullivan street. Surrounded by a vibrant mix of retail, office and service businesses, the unit benefits from consistent pedestrian traffic. The presence of neighbouring established businesses help attract visitors. An excellent opportunity for a retail boutique, professional office, personal service business, or investor seeking an affordable downtown commercial property. This unit offers a low carrying costs for ownership in a prime downtown location. Adding to the property's appeal, the planned Ontario Line Chinatown Station is expected to be near by, just a short walk away, further enhancing neighbourhood accessibility and long-term investment potential.

Sold data

Other homes in Toronto (Kensington-Chinatown) — recent sold market

Other homes in Toronto (Kensington-Chinatown) took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 101, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 90 days.

The median sale price was $75,000.

Homes sold for about 7.3% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$75,000
Sale-to-list ratio
92.7%
Sold above asking
11%

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 C8 - 222 SPADINA AVENUE