PRIME VACANT LAND IN KENSINGTON-CHINATOWN, TORONTO - ENDLESS DEVELOPMENT POSSIBILITIES

Asking Price: $2,000,000
372 Spadina Ave Toronto, ON Canada

About 372 Spadina Ave:

For Sale: Prime Vacant Land in Kensington-Chinatown, Toronto, Ontario, Canada

If you are looking for a prime piece of land in the heart of Toronto, then look no further than this vacant land in Kensington-Chinatown. This vibrant and culturally diverse community is home to some of the best restaurants, shops, and attractions in the city. And with a land size of 12.58 x 79.65 FT, this property offers endless possibilities for development.

The property is zoned for retail and wholesale businesses, making it an ideal location for a new retail store or office building. With a square footage of 1002 sqft, there is plenty of space to build a new commercial building or to renovate and expand an existing one. And with annual property taxes of $9,800 (CAD), this property is a great investment opportunity.

The location of this property is truly unbeatable. Kensington-Chinatown is one of the most vibrant and dynamic communities in Toronto. Located in the heart of the city, this neighborhood is home to some of the best restaurants, bars, and shops in the city. It is also within walking distance of some of Toronto's most popular attractions, including the CN Tower, the Rogers Centre, and the Art Gallery of Ontario.

In addition to its prime location, this property also offers easy access to public transportation. The area is served by several streetcar and bus routes, making it easy to get around the city. And with the upcoming completion of the Eglinton Crosstown LRT, getting to and from the property will be even easier.

The property is also located near several parks and green spaces, including Alexandra Park and Grange Park. These parks offer a peaceful retreat from the hustle and bustle of the city and are a great place to relax and enjoy the outdoors.

Utilities are also no problem with this property. It has access to municipal water, making it easy to hook up to the city's water supply. And with the growing demand for sustainable energy solutions, this property is also an ideal location for the installation of solar panels or other renewable energy sources.

Overall, this property is an excellent investment opportunity for anyone looking to start a new business or expand an existing one. Its prime location in Kensington-Chinatown, combined with its easy access to public transportation and utilities, make it an ideal location for a wide range of businesses. And with a land size of 12.58 x 79.65 FT, there is plenty of space to build a new commercial building or to renovate and expand an existing one.

If you are interested in purchasing this property or would like to learn more about it, please contact us today. Our team of experienced real estate professionals can help you navigate the buying process and ensure that you get the best possible deal. Don't miss out on this amazing investment opportunity in one of Toronto's most vibrant neighborhoods!

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Features of Property

Type of Real Estate

Vacant Land

Square Footage

1002 sqft

Community Name

Kensington-Chinatown

Land Size

12.58 x 79.65 FT

Annual Property Taxes

$9,800 (CAD)

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Features of Building

Building Features
Square Footage

1002 sqft

Utilities
Water

Municipal water

Business
Business Type

Retail and Wholesale (Retail & offices)

Property Agent

RAY REZAPOOR

RE/MAX PREMIER INC.

9100 JANE ST BLDG L #77, VAUGHAN, Ontario L4K0A4

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