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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Municipality Toronto C03
Subdivision Forest Hill South
MLS Listing ID C12970556
Annual Tax Amount $8,287
Tax Year 2025
Property Sub-Type Investment
Property Description
Developer / Land Assembly Opportunity - 380 Spadina Road, Toronto Located in the prestigious Forest Hill neighborhood of Toronto, just north of the Casa Loma district. 380 Spadina Road represents a compelling developer-focused acquisition opportunity in one of the city's most desirable urban corridors. Positioned along a prominent stretch of Spadina Road, this property sits within a mature, established residential community known for its distinguished architecture, executive homes, and exceptional proximity to downtown Toronto. The property is currently improved with a substantial seven-bedroom residence that is fully rented, generating profit with even more potential to explore with development plans or potential land assembly strategies. This income component provides developers with flexibility and time to pursue approvals, planning studies, or consolidation with neighboring properties. The existing structure features a striking elevated presence on the street, finished with classic grey stone and red brick, reflecting the timeless character that defines Forest Hill. The surrounding streetscape is composed of stately homes and mature trees, contributing to the enduring prestige and desirability of the area. From a development perspective, the location offers significant long-term potential for intensification. Spadina Road serves as a major north-south corridor connecting Forest Hill with the downtown core, making it a natural candidate for future mid-rise or multi-family residential redevelopment through land assembly. Demand for high-quality housing in this central Toronto neighborhood remains exceptionally strong due to its proximity to transit, leading private schools, parks and Toronto's financial and cultural districts. Properties with existing income, strong frontage, and redevelopment potential in Forest Hill rarely come to market. 380 Spadina Road offers developers the opportunity to secure a strategic foothold for assembly.
Location
Province ON
County Toronto
Community Toronto C03
Area Toronto
Zoning R(D10) Residential
Interior
Cooling Yes
Inclusions 2 stoves, 2 fridges, 2 microwaves 1 dishwasher included, all fixed light fixtures included.
Exterior
Community Features Public Transit, Subways
Utilities Available Yes
Lot Frontage 27.0
Lot Depth 125.0
Others
ParcelsYN No
Listed by Call It Closed International Brokerage
Nearby Locations
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