PRIME FOREST HILL DEVELOPMENT OPPORTUNITY | LAND VALUE | INCOME IN PLACE Positioned along one of Toronto's most distinguished residential corridors, 380 Spadina Road represents a rare opportunity to acquire a substantial property in the heart of Forest Hill, just north of Casa Loma. Offering a combination of **prominent frontage, established residential surroundings, existing rental income, and future development potential**, this property is ideally suited to developers, investors, and strategic land buyers.The existing seven-bedroom residence is fully tenanted, allowing an investor to generate income while evaluating the property's highest and best future use. The site presents a range of possibilities, from retaining and repositioning the existing structure to exploring redevelopment, additional residential density, or a potential land assembly strategy with neighbouring properties, all subject to municipal approvals.The property's location is a key asset, surrounded by executive homes and established infrastructure with convenient access to transit, top private and public schools, parks, Casa Loma, downtown Toronto, and the city's major employment and cultural centres. For developers seeking **scarce land in an established Toronto neighbourhood**, or investors looking for a strategic long-term hold with multiple exit strategies, 380 Spadina Road offers an exceptional opportunity to secure a prominent Forest Hill asset with meaningful future upside.**A rare acquisition where location, land, income, and redevelopment potential come together.**
5 bedrooms, 2 bathrooms, about 3,000 sq ft, works out to roughly $1,150 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.Ask Zara a follow-up
Inside 380 Spadina Rd
Every detail from the listing, in one place.
Type
Multiplex
Style
2-Storey
Living space
3000-3500 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Full, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Full · Finished
Lot & land
Lot size (sqft)
3283
Listing & possession
Property style
2-Storey
Property class
Multiplex
380 Spadina Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13876902$3,450,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 380 Spadina Rd Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$16,949
/mo
based on the purchase price of $3,450,000
$690,000 cash
$2,760,000 financed
$2,324,644 total interest
Principal54%$2,760,000
Interest46%$2,324,644
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from PropTx or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from PropTx or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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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 PropTx, 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.
Similar homes for sale nearby in Toronto
Other 6–10 bed homes for sale in Toronto around $3.5M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4915.5%On average, homes sold at or above asking.
Active listings12,514Homes for sale here right now.
Median vs prior 90 days+3.5%Compared with Apr 11 – Jul 10, 2026: prices up.
Based on 9,654 sales from Jul 10 – Oct 8, 2026 (6,498 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
380 Spadina Rd is listed at $3,450,000 (MLS® C13876902). Summitly updates the price as soon as the MLS® record changes.
Is $3,450,000 a good price for 380 Spadina Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 380 Spadina Rd changed?
No — 380 Spadina Rd is still listed at its original asking price of $3,450,000.
How many bedrooms and bathrooms does 380 Spadina Rd have?
380 Spadina Rd has 5 bedrooms and 2 bathrooms, with about 3,000–3,500 square feet of living space. It is a multiplex in Toronto.
Is 380 Spadina Rd close to transit?
The nearest rapid-transit station is St. Clair West Station (Line 1), about 350 m (about a 4-minute walk) in a straight line. Dupont Station is about 1.5 km (about a 19-minute walk), and St. Clair Station is about 1.5 km (about a 19-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 380 Spadina Rd?
About $16,949 a month — principal and interest on $3,450,000 with 20% down ($690,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 380 Spadina Rd compare with other homes in Toronto?
Its asking price of $3,450,000 is about 306% above the median sold price in Toronto over the last 90 days, $849,000, across 9,654 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 380 Spadina Rd been sold before?
Summitly has no earlier MLS® sale or lease of 380 Spadina Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 380 Spadina Rd?
380 Spadina Rd is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 380 Spadina Rd been on the market?
380 Spadina Rd was listed today (October 8, 2026).
What is the price per square foot of 380 Spadina Rd?
About $986 to $1,150 per square foot: the asking price of $3,450,000 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 380 Spadina Rd have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.