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Kensington-Chinatown · M5T 2C2
$5,885,000
MLS® #C12639086
4
Bathrooms
About This Property
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**
General Information
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Estimated monthly payment
$28,911
Down payment: $1,177,000 · Loan: $4,708,000
Estimate only. Actual rates and payments vary by lender.
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Listing courtesy of:
ROYAL LEPAGE URBAN REALTY
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: May 26, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.