$5,150,000
$888/sq ft · 52 days on market
Prime mixed-use investment opportunity in the heart of Toronto's vibrant Chinatown/Kensington Market district. 202 Spadina Avenue is a fully leased three-storey asset featuring four commercial retail units and two residential apartments, offering diversified and stable income in one of the city's most active pedestrian corridors. Positioned along Spadina Avenue just south of Queen Street West, the property benefits from exceptional foot traffic, strong transit connectivity via the Spadina streetcar line, and immediate access to the Queen West retail and entertainment district. The surrounding neighbourhood is a highly sought-after destination for restaurants, independent retailers, and cultural venues, driving consistent tenant demand. The building offers approximately 5,800 SF above grade with 28 feet of frontage, providing investors with a rare opportunity to acquire a stabilized urban asset in a tightly held downtown corridor. The property has undergone significant renovations, blending historic character with modern improvements and minimizing near-term capital expenditure requirements. With diversified income from both retail and residential tenancies, the asset delivers strong in-place cash flow at a 5.7% cap rate, with future rental growth potential in a supply-constrained market. Opportunities to acquire mixed-use properties along Spadina Avenue are rare, making this an attractive addition for investors seeking stable returns and long-term appreciation in downtown Toronto.
Listing provided by CUBECOM COMMERCIAL REALTY INC.
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Data last updated: June 4, 2026 at 02:25 p.m.
202 Spadina Avenue
Closest publicly funded schools within 5 km, ranked by EQAO standardized test scores
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EQAO score is the average of available reading, writing & math results, 0–100 · Source: Ontario Ministry of Education
Nearest rapid transit and bus stops
821 within a 10-min walk · 2598 within 20 min · click a card to see the closest ones
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Source: TTC GTFS · straight-line distances · routes shown are short names
© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance