Listed for:Listed 24 days ago
$2,350,000

246 Spadina Avenue

Toronto (Kensington-Chinatown), ON M5T 2C2

Store W Apt/Office For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 246 Spadina Avenue, Toronto, Kensington-Chinatown

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 246 Spadina Avenue, Toronto, Kensington-Chinatown

Summarized Description

  • Prominent mixed-use property in central Toronto.
  • Over 2,000 sq. ft. main storefront available.
  • Recently updated 2-bedroom apartment included.
  • Ample parking at the rear for convenience.
  • Strong potential for owner-users or investors.
  • Flexible space for various commercial uses.
  • Seller open to VTB financing options.
  • Unique opportunity with multiple income possibilities.

Exceptional mixed-use opportunity at 246 Spadina Ave, Toronto! This prominent property features a spacious main storefront of over 2,000 sq. ft., offering excellent flexibility for a variety of retail, commercial, office, showroom, or service uses. The property also includes a recently updated 2-bedroom apartment with 2.5 washrooms, providing comfortable residential accommodation or additional income potential. Enjoy the added convenience of ample parking at the rear, a valuable feature in this central Toronto location. With a strong combination of commercial space, residential accommodation, parking, and prominent street presence, this property offers a unique opportunity for an owner-user or investor. Seller is open to considering Vendor Take-Back (VTB) financing for qualified buyers, subject to mutually acceptable terms. A versatile property with tremendous potential and multiple possibilities. Great opportunity awaits the right buyer!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$23,679
Land Transfer Tax Fee
$90,450

Rental Items

Rental Equipment
Hot Water Tank

Interior Features

Security Features
Yes
Fireplace/Stove
No
Elevator
No

Building

Building Type
Store W Apt/Office

Lot

Lot Front
16.75 ft
Lot Depth
118.00 ft

Parking & Garages

Garage Type
None
Parking Spaces
5

Heating & Cooling

Heat Type
Gas Forced Air Closed
Air Conditioning
Yes
Water
Municipal

Municipality
Toronto
Neighbourhood
Kensington-Chinatown
Main cross streets
Spadina and Dundas
Zoning
CR5(c2.5;r4*2340),CR5(c2.5;r4*2346)
Directions
Drive

MLS® number
C13812010
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-21
Updated on
2026-09-22
Days on market
24 days
Possession type
Flexible
Co-op commission
2
Seller
Listed by
CENTURY 21 REGAL REALTY INC.

Home Market Value

Current home valuation for 246 Spadina Avenue, Toronto, Kensington-Chinatown, Toronto, ON. Listed for $2,350,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 246 Spadina Avenue, Toronto, Kensington-Chinatown

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
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Toronto, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$470,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
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+CMHC insurance
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=Total mortgage
$1,880,000$1,762,500$1,645,000$1,527,500
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$9,179monthly$8,605monthly$8,032monthly$7,458monthly
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Land Transfer Tax

Provincial

$45,225

Municipal (Toronto)

$45,225

Total Land Transfer Tax

$90,450

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