380 Spadina Road

Toronto C03, ON

3,375 sqft • Investment • 135 days on market

$5,000,000

Developer / Land Assembly Opportunity - 380 Spadina Road, Toronto Located in the prestigious Forest Hill neighborhood of Toronto, just north of the Casa Loma district. 380 Spadina Road represents a compelling developer-focused acquisition opportunity in one of the city's most desirable urban corridors. Positioned along a prominent stretch of Spadina Road, this property sits within a mature, established residential community known for its distinguished architecture, executive homes, and exceptional proximity to downtown Toronto. The property is currently improved with a substantial seven-bedroom residence that is fully rented, generating profit with even more potential to explore with development plans or potential land assembly strategies. This income component provides developers with flexibility and time to pursue approvals, planning studies, or consolidation with neighboring properties. The existing structure features a striking elevated presence on the street, finished with classic grey stone and red brick, reflecting the timeless character that defines Forest Hill. The surrounding streetscape is composed of stately homes and mature trees, contributing to the enduring prestige and desirability of the area. From a development perspective, the location offers significant long-term potential for intensification. Spadina Road serves as a major north-south corridor connecting Forest Hill with the downtown core, making it a natural candidate for future mid-rise or multi-family residential redevelopment through land assembly. Demand for high-quality housing in this central Toronto neighborhood remains exceptionally strong due to its proximity to transit, leading private schools, parks and Toronto's financial and cultural districts. Properties with existing income, strong frontage, and redevelopment potential in Forest Hill rarely come to market. 380 Spadina Road offers developers the opportunity to secure a strategic foothold for assembly.

Listing Details

Taxes (2025): $8,287
Listed: April 8, 2026

Price History

Listing history

Property

Lot Size: 27 x 125 Feet

Location & Legal

Cross Street: Spadina and Bantry
Zoning: R(D10) Residential
Parcel Number: 104660203
Possession: Flexible

Commercial

Business Type: Other
Occupancy: Tenant

Included

Inclusions: 2 stoves, 2 fridges, 2 microwaves 1 dishwasher included, all fixed light fixtures included.
Exclusions: All items owned by the Tenants are specifically excluded.

Community

Postal area M5P

Population: 19,791
Private dwellings: 10,417
Median age: 43.2
Average household size: 2.1
Median household income: $99,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto C03 · last 12 months

Median sold price: $1,282,500
Homes sold: 516
Median days on market: 17
Sale-to-list price: 98.0%

Based on 516 recorded sales of commercial properties in Toronto C03 over the last 12 months.

Listed by

Call It Closed International Brokerage