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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Toronto
About 298 Spadina Avenue
Substantially re-built, institutional quality retail asset for sale at Dundas Street and Spadina Avenue. The property is anchored by McDonalds under a 20-year net lease with built-in rent escalations, providing predictable long term cash flow from an investment-grade tenant. The ground floor retail component is fully leased to two tenants and features 50 feet of prominent Spadina Avenue frontage. The building recently underwent comprehensive reconstruction and renovation in 2023, including new roof, HVAC systems, facade, exterior windows, and fully renovated second-floor space, effectively eliminating near-term capital requirements. Clear path to value creation and enhanced returns for investors through strategic lease-up of pristine, turnkey second floor space. Or prime opportunity for owner-user to establish presence at one of the busiest pedestrian intersections in Toronto.
Toronto retail priced at $9,975,000 — book a tour to see if it fits your search.
Inside 298 Spadina Ave
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
7890
Listing & possession
Property class
Commercial Retail
298 Spadina Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13148308$9,975,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 298 Spadina Ave Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,738Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
298 Spadina Ave is listed at $9,975,000 (MLS® C13148308). Summitly updates the price as soon as the MLS® record changes.
Has the price of 298 Spadina Ave changed?
No — 298 Spadina Ave is still listed at its original asking price of $9,975,000.
How many bedrooms and bathrooms does 298 Spadina Ave have?
The listing for 298 Spadina Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 298 Spadina Ave close to transit?
The nearest rapid-transit station is St. Patrick Station (Line 1), about 860 m (about a 11-minute walk) in a straight line. Queen's Park Station is about 1000 m (about a 12-minute walk), and Osgoode Station is about 1.0 km (about a 13-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 298 Spadina Ave compare with other homes in Toronto?
Its asking price of $9,975,000 is about 1085% above the median sold price in Toronto over the last 90 days, $842,000, across 9,226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 298 Spadina Ave been sold before?
Summitly has no earlier MLS® sale or lease of 298 Spadina Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 298 Spadina Ave?
298 Spadina Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 298 Spadina Ave been on the market?
156 days — 298 Spadina Ave was listed on May 20, 2026.
What is the land transfer tax on 298 Spadina Ave?
About $719,200 at the asking price of $9,975,000: $235,850 Ontario land transfer tax plus $483,350 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 298 Spadina Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 298 Spadina Ave?
The listing for 298 Spadina Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 298 Spadina Ave built?
The listing for 298 Spadina Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
