Rare opportunity at the highly coveted Queen & Spadina intersection in the heart of downtown Toronto's Kensington-Chinatown / Fashion District - a location that needs no introduction. This prominent two-storey commercial building offers approximately 7,600 SF of leasable space (measured to 2020 BOMA standards) and was formerly occupied by a medical clinic and pharmacy.The property features sixteen offices/suites, two reception areas, two waiting areas, and four washrooms, including two accessible washrooms, along with a two-storey elevator servicing the main and second floors. An additional 1,500+ SF basement provides flexibility for storage or potential additional income. The building offers separate entrances to the main floor, second floor, and basement. The space is substantially built-out, with approximately $100,000 remaining to complete final finishes, allowing an owner or user to customize to their needs. Ideal for medical, professional, or institutional users seeking a high-profile downtown location with strong long-term potential. Marketing package available upon request. **New roof to be installed** **Main floor clear height 13 ft**
Address
200 Spadina Avenue
List Price
$6,879,000
MLS® Status
New
Expiration Date
2026-07-31
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Kensington-Chinatown
Region
Toronto
Bathrooms
4
Lot Size Source
MPAC
Lot Depth
117
Lot Type
Lot
Lot Size Units
Feet
Lot Width
28.33
Parcel Number
212380005
Total Building Area
7635
Occupant Type
Vacant
Cross Street
Queen & Spadina
MLS® Number
C12639086
Listing Brokerage
ROYAL LEPAGE URBAN REALTY
Basement
Yes
Postal Code
M5T 2C2
Posession Details
Immediate/TBA
Tax Amount
$57,412.00
Tax Year
2025
Site Influences
Major Highway, Public Transit
Community Features
Major Highway, Public Transit
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
None
Tax Legal Description
PCL 4-1 SEC A376; LT 4 W/S SPADINA AV PL 376 TORONTO; TORONTO , CITY OF TORONTO
Security Features
Yes