
420 Spadina Avenue
Toronto C01, ON
- 2,679 sqft
- Commercial Retail
- 143 days on market
Opportunity Knocks With Vacant Possession At Closing - your chance to secure a standout property on iconic Spadina Avenue, perfectly positioned in the heart of Toronto.Ideal for owner-operators and strategic investors alike, this mixed-use building offers remarkable scope for renovation, redevelopment, and long-term value growth. Recent upgrades - including a new roof and third-floor patio (2022), basement sprinklers, and a main floor security system - provide a solid framework for your next evolution of the space.The property features over 1,000 sq. ft. of vacant retail space ready for occupancy, complemented by basement storage and a spacious 1,600+ sq. ft. residential apartment above. This flexible layout invites the creation of a contemporary live-work environment, boutique retail concept, or fully leased investment property. The top two floors can easily be reconfigured into two distinct residential units, broadening income potential, while parking for up to four vehicles adds everyday convenience rarely found downtown.Set within one of Toronto's most dynamic neighbourhoods, steps to TTC, the subway, U of T, the Gardiner and more, this address delivers both a prime location and compelling opportunity. Whether you're envisioning a flagship operation, a modern live-work space, or a strategic addition to your real estate portfolio, this Spadina Avenue property stands ready to perform.
Listing Details
- Taxes (2025)
- $26,038
- Listed
- April 14, 2026
Price History
Property
- Lot Size
- 16.41 x 100 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- College & Spadina
- Zoning
- CR2.5 (c2;r2) *1865)
- Parcel Number
- 212350155
- Possession
- Immediate
- Occupancy
- Vacant
Commercial
- Business Type
- Retail Store Related
- Office / Apartment Area
- 1653 Sq Ft
Community
Postal area M5T
- Population
- 17,903
- Private dwellings
- 10,452
- Median age
- 36
- Average household size
- 1.9
- Median household income
- $61,600
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 C01 · last 12 months
- Median sold price
- $662,500
- Homes sold
- 3,102
- Median days on market
- 26
- Sale-to-list price
- 97.6%
Based on 3,102 recorded sales of commercial properties in Toronto C01 over the last 12 months.
Listed by
BOSLEY REAL ESTATE LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,679 sq ft
- Price per sq ft
- $722.28
- Annual property tax
- $26,038
- Tax per sq ft
- $9.72
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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