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388 Spadina Avenue
Kensington-Chinatown Toronto M5T 2G5

$3,100,000 /For Sale
Commercial

Main Photo: 388 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12573318
Photo 1: 388 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12573318
Photo 2: 388 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12573318
Photo 3: 388 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12573318
Photo 4: 388 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12573318
Photo 5: 388 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12573318
Photo 6: 388 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12573318
Photo 7: 388 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12573318
Photo 8: 388 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12573318
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12573318
Rare opportunity to buy an institutionally managed commercial asset on one of the busiest stretches of Chinatown and steps from University of Toronto's Campus. The property is 100% leased and offers a buyer a going in yield of 6.4% and has a WALT of 6.6 years. The ground floor is a leased to Rol San who has been a neighborhood favorite for over 30 years and the second floor is leased to Clutch games, a popular hobby and collectibles store. The leases contain rental escalations, and the property offers future development potential. The total building area is 5,027 Square Fee; 3,416 SF Above Grade, plush 1,611 SF of basement space.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
5027 sq. ft. Square Feet
Total Area:
5,027 sq. ft.
Retail Area:
5027 sq. ft. Sq Ft
Lot Depth:
100'
Lot Frontage:
18'8"
Water supply:
Municipal
Zoning:
CR 2.5 (c2.0; r2.0) SS2 (x1865)
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
Immediate
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$49,232.44 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Kensington-Chinatown
Utilities:
Yes
Green Property Information Statement:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Category:
Retail
Date Listed:
Nov 24, 2025
  • Photo 1: 388 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12573318
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  • Photo 2: 388 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12573318
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  • Photo 4: 388 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12573318
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  • Photo 5: 388 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12573318
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  • Photo 7: 388 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12573318
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  • Photo 8: 388 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12573318
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Listed by CBRE LIMITED
Data was last updated November 25, 2025 at 10:15 PM (UTC)
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