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Commercial Retail · Toronto C01

298 Spadina Avenue, Toronto, ON M5T 2E7

Toronto C01

$9,975,000

For sale

beds
baths
parking
8537.00sqft

Room to make it yours.

Substantially re-built, institutional quality retail asset for sale at Dundas Street and Spadina Avenue. The property is anchored by McDonalds under a 20-year net lease with built-in rent escalations, providing predictable long term cash flow from an investment-grade tenant. The ground floor retail component is fully leased to two tenants and features 50 feet of prominent Spadina Avenue frontage. The building recently underwent comprehensive reconstruction and renovation in 2023, including new roof, HVAC systems, facade, exterior windows, and fully renovated second-floor space, effectively eliminating near-term capital requirements. Clear path to value creation and enhanced returns for investors through strategic lease-up of pristine, turnkey second floor space. Or prime opportunity for owner-user to establish presence at one of the busiest pedestrian intersections in Toronto.

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RCIB Real Estate Limited, Brokerage
Surjit Mundi, Broker of Record · 5580 Explorer Dr, Suite 601, Mississauga, ON L4W 4Y1 · 416-277-9494

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$9,975,000
Commercial Retail · Toronto C01
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