388 Spadina Avenue
History
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
- MLS®#
- copy
- Type
- Manufactured Home/Mobile
- Lot Size
- 18.66 × 100 Feet
- Parking
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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.
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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.
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The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.
Investment Analysis
Schools
Elementary (JK-G8)
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Fraser Rank(2018) 513 / 3037 English
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Gifted
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Fraser Rank(2018) 2364 / 3037 Catholic English
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St. Mary Catholic School 1.3 kmFraser Rank(2018) 2026 / 3052 Catholic English French
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St. Michael's Choir School 1.8 kmFraser Rank(2018) 51 / 3052 Catholic English
Secondary (G9-G12)
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Harbord Collegiate Institute 1.3 kmFraser Rank(2023) 142 / 747 Secondary English
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Northern Secondary School 305 kmFraser Rank(2023) 478 / 747 Secondary English Gifted
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YMCA Academy, The 1.4 kmSecondary
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Polaris Learning Centre 5.9 kmSecondary
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Aristotele's Credit School 6.9 kmSecondary
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St. Joseph's College School 1.3 kmFraser Rank(2023) 178 / 747 Secondary Catholic English
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St. Michael’s Choir 1.8 kmFraser Rank(2023) 1 / 747 Secondary Catholic English
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St. Mary Catholic Academy 2.7 kmFraser Rank(2023) 559 / 747 Secondary Catholic English
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The Michener Institute - 654 m222 St. Patrick Street, Toronto, Ontario Canada M5T 1V4(416)596-3101
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University of Toronto - Main Campus 666 m27 King's College Circle, Toronto, Ontario M5S 1A1 Canada(416)978-2011
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University of Toronto - Knox College 681 m59 St. George Street, Toronto, ON M5S 2E6(416)978-4500
Neighbourhood
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Queen's Park line: Line 1:Yonge-University 868 m
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St. Patrick line: Line 1:Yonge-University 900 m
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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
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Galleria Supermarket 1.3 km351 Bloor St W, Toronto, ON M5S 1W7
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Galleria Supermarket 1.6 km558 Yonge St, Toronto, ON M4Y 1Y9
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T&T Supermarket 4.1 km222 Cherry Street, Toronto, ON. M5A 3L2
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