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380 SPADINA ROAD, Toronto (Forest Hill South) — listed at $3,450,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
An exceptional opportunity to secure a prominent property in one of Toronto's most prestigious neighbourhoods. Located just north of Casa Loma, 380 Spadina Road combines immediate rental income with significant land value and future potential.Set behind a distinguished grey stone and red brick façade, this substantial seven-bedroom residence is fully tenanted, offering income from day one while you plan your next move.Maintain the existing investment, transform the property into a luxury estate, explore additional income potential through the carriage house, or consider future redevelopment opportunities, subject to approvals.Surrounded by executive homes, mature trees, premier schools, parks, and convenient transit, this coveted Forest Hill location offers enduring appeal and strategic flexibility.Immediate Income. Prestigious Location. Exceptional Future Potential. (id:60164)
How is the home heated? Is it efficient?+
Heating is radiant heat. Ask for past utility bills to understand real heating costs.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $8,432, heating is radiant heat. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
Yes — fully air conditioned cooling is in place.
Is 380 SPADINA ROAD a good fit for a growing family?+
With 7 bedrooms and 3 bathrooms (3375 sq ft), there's room for kids plus a guest room or home office.
What makes this a luxury property?+
At $3,450,000, standout features include 3375 sq ft, 3 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
What's the parking situation?+
This property includes 3 spaces.
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