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New · Listed Sep 8, 2026 · 51 days on market

93 Spadina Road, Toronto, ON M5R 2T1

$3,999,900

Commercial · Investment · 6140 sq ft · For Sale

Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of approx $268,000 with a projected NOI of $195,000. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood.

Property summary

TypeCommercial
SubtypeInvestment
Business typeApts - 13 To 20 Units
Building area6140 Square Feet
Lot size32 × 130 ft
Taxes$12,722 / yr
Parking3
GarageNone
PossessionImmediate
OccupantTenant
Property
Lot width32
Lot depth130
Power & Services
Heating typeBaseboard
Central A/C1
SewerSanitary+Storm Available
UtilitiesYes
Zoning & Taxes
Taxes / yr$12,722
Tax year2026
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Data provided by TRREB. Listed by RE/MAX ULTIMATE REALTY INC..

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