Space
Finished area and layout
- Building Area
- 8,537 sqft
+4 more
8,537 sqft
Building Area
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- commercial retail / Mixed Use
Lot
Land, frontage and setting
- Zoning
- Commercial
Costs
Price, taxes and monthly charges
About This Property
This commercial retail in Toronto offers 8,537 sqft of building area. The property has zoned Commercial. The home features yes.
MLS Remarks
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.
Full Listing Details
Address298 Spadina Avenue, Toronto C01, ON M5T 2E7
MLS#C13148308
Listing StatusNew
Property TypeCommercial
Sub-TypeCommercial retail
TransactionSale
List DateMay 20, 2026
Days on Market158
Annual Tax$53,434 (2025)
Possession DetailsImmediate
StyleMixed Use
CityToronto
ProvinceOn
Postal CodeM5T 2E7
Lot Size7,890 sqft
ZoningCommercial
CoolingYes
SecurityYes
UtilitiesYes
Annual Tax$53,434 (2025)
Business TypeRetail Store Related
Dundas St W/Spadina Ave
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