Description

Jones Lang LaSalle Real Estate Services Inc. (“JLL” or the “Advisor”) is pleased to offer for sale 300 Spadina Avenue (the “Property”), an institutionally-managed two (2) storey commercial property, steps away from Spadina and Dundas. The Property comprises 8,537 square feet (“SF”) and benefits from 50 feet of highly coveted Spadina Avenue frontage in the heart of Toronto’s Chinatown.

The Property is an exceptionally rare offering - substantially re-built in 2023 (incl. new roof, facade, mechanical systems, and exterior windows) and anchored by McDonald’s on a 20-year lease with rent steps, ensuring low future capital requirements and stable contractual cash flow. There is immediate upside for investors through lease-up of the vacant, ‘turnkey’ second floor or a prime opportunity for an owner-user to establish a presence at one of the busiest pedestrian intersections in Toronto, with direct transit access via streetcar and close proximity to TTC subway.

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