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420 Spadina Avenue — photo 1

$1,835,000

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420 Spadina Avenue

Kensington-Chinatown, Toronto, Ontario M5T2G7

For sale· Added

2,679 sqft

About this property

Opportunity Knocks With Vacant Possession At Closing - your chance to secure a stand out property on iconic Spadina Avenue, perfectly positioned in the heart of Toronto. Ideal for owner-operators and strategic investors alike, this mixed-use building offers remarkable scope for renovation, redevelopment, and long-term value growth. Recent upgrades - including a new roof and third-floor patio (2022), basement sprinklers, and a main floor security system provide a solid framework for your next evolution of the space. The property features over1,000 sq. ft. of vacant retail space ready for occupancy, complemented by basement storage and a spacious 1,600+ sq. ft. residential apartment above. This flexible layout invites the creation of a contemporary live-work environment, boutique retail concept, or fully leased investment property. The top two floors can easily be reconfigured into two distinct residential units, broadening income potential, while parking for up to four vehicles adds everyday convenience rarely found downtown. Set within one of Toronto's most dynamic neighbourhoods, steps to TTC, the subway, U of T, the Gardiner and more, this address delivers both a prime location and compelling opportunity. Whether you're envisioning a flagship operation, a modern live-work space, or a strategic addition to your real estate portfolio, this Spadina Avenue property stands ready to perform.

Location

Map data © OpenStreetMap contributors

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Property details

Listing

MLS® number
C13816384
Added
Sep 22, 2026 ()
Updated
Oct 5, 2026 ()
Info refreshed

Overview

Property type
Retail

Inside

Heating
Forced air, Natural gas
Cooling
Partially air conditioned
Fireplace
No
Features
Irregular lot size

Land

Lot size
16.41 x 100 ft
Lot notes
100.47 ft x 16.78 ft x 100.44 ft x 15.51
Zoning
CR2.5 (c2;r2) *1865)

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
College & Spadina

Running costs

Annual property tax
$26,038

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$1,835,000
420 Spadina Avenue
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