$ 3,100,000
388 Spadina Avenue
University Supermarket Subway

388 Spadina Avenue

Manufactured Home/Mobile
Toronto, Ontario M5T 2G5
$ 3,100,000
Sale
Taxes $49,232 2025
Maintenance Contact Agent
Estimated Monthly Mortgage $8045
Estimated Closing Costs $--
University Supermarket Subway

History

MLS®# C12437588

MLS®# C12437588

2025.10.01 New $3,100,000

Other Records

2025.11.24 - 2026.03.30 MLS®# C12573358 Sold Cond. $3,100,000
2025.11.24 - 2025.11.24 New $3,100,000
2025.10.01 - 2025.10.01 New $3,100,000
2025.01.21 - 2025.01.21 New $3,415,000
2025.01.21 - 2025.01.21 New $3,415,000
2024.12.23 - 2024.12.23 MLS®# C9366647 Terminated
2022.08.16 - 2022.08.16 MLS®# C5684859 Terminated
2022.05.29 - 2022.05.29 MLS®# C5511313 Terminated

Details

Interior Rooms
MLS®#
copy
Type
Manufactured Home/Mobile
Lot Size
18.66 × 100 Feet
Parking
0 Total Parking Spaces
0 None Garage
0 Parking Spaces
Last Update
2025-10-01
Possession Date
Immediate
Listing Date
2025-10-01
Air Conditioning
Yes
Broker
CBRE LIMITED

About

Rare opportunity to secure an institutionally manage commercial asset on ne of the busiest stretches of Chinatown, steps to University of Toronto Camps. The ground floor is fully fixtured restaurant occupied by Rol San Restaurant, a neghbourhood staple who recently extended their lease. The second floor is vacant and provides a buyer the opportunity to add significant value or occupy it as an end user. Potential NOI is $198,754 which translates to a 6.4% cap rate. The property benefits from landlord termination rights. Further upside through future development assembly with multiple development applications submitted in the surrounding area due to future Ontario Line stop to the South. The total building area is 5,027 Square Feet; 3,416 SF Above Grade, plus 1,611 Sf of basement space.

The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $49,232 2025 year

Schools

JK - Grade12 University/College

Elementary (JK-G8)

Fraser Rank(2018) 513 / 3037 English
Fraser Rank(2018) 2364 / 3037 Catholic English
Fraser Rank(2018) 2026 / 3052 Catholic English French
Fraser Rank(2018) 51 / 3052 Catholic English

Secondary (G9-G12)

Fraser Rank(2023) 142 / 747 Secondary English
Fraser Rank(2023) 478 / 747 Secondary English Gifted
Secondary
Secondary
Secondary
Fraser Rank(2023) 178 / 747 Secondary Catholic English
Fraser Rank(2023) 1 / 747 Secondary Catholic English
Fraser Rank(2023) 559 / 747 Secondary Catholic English
The Michener Institute - 654 m
222 St. Patrick Street, Toronto, Ontario Canada M5T 1V4
(416)596-3101
University of Toronto - Main Campus 666 m
27 King's College Circle, Toronto, Ontario M5S 1A1 Canada
(416)978-2011
University of Toronto - Knox College 681 m
59 St. George Street, Toronto, ON M5S 2E6
(416)978-4500

Neighbourhood

Subway Go Train Groceries
Queen's Park line: Line 1:Yonge-University 868 m
St. Patrick line: Line 1:Yonge-University 900 m
Union Station Go Train Line:Milton Go Train Line:Lakeshore East Go Train Line:Lakeshore West Go Train Line:Stouffville Go Train Line:Richmond Hill Go Train Line:Kitchener Go Train Line:Barrie 2 km
Galleria Supermarket 1.3 km
351 Bloor St W, Toronto, ON M5S 1W7
Galleria Supermarket 1.6 km
558 Yonge St, Toronto, ON M4Y 1Y9
T&T Supermarket 4.1 km
222 Cherry Street, Toronto, ON. M5A 3L2

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