$3,450,000
Est. payment $15,276/moCalculate yours
380 Spadina Road, Toronto, ON M5P 2V9
Forest Hill South, Toronto, ON M5P 2V9
- 5 + 2 Beds
- 3 Baths
- 2 Garage
- 3,000 Sq Ft
Listing courtesy of COSMOPOLITAN REALTY MLS® C13876902
About this home
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.**
Property details
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 3,000 sqft
Interior
- Bedrooms
- 5 + 2
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Full, Finished
Building & Systems
- Heating
- Radiant (Gas)
- Cooling
- Wall Unit(s)
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 27 x 125 Feet
- Parking
- Detached garage · 5 total
- Zoning
- R(D10) Residential
Financial
- Property Taxes
- $8,432 (2026)
Location
- Neighbourhood
- Forest Hill South
- Cross Street
- Spadina and Bantry
- Direction Faces
- West
Listing
- MLS® Number
- C13876902
- Days on Market
- 10
- Listed On
- 2026-10-08
- Possession
- Flexible
- Listed By
- COSMOPOLITAN REALTY
Rooms
Features
Interior
- None
Pool
- None
- Excluded
- All items belonging to tenants
Mortgage calculator
Estimated mortgage payment
$15,276 per month
- Principal and interest
- $15,276
- Property tax
- $703
- Condo fees
- $0
- Estimated monthly cost
- $15,979
Your mortgage
- Mortgage amount
- $2,760,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,822,756
Cash to close
- Down payment
- $690,000
- Land transfer tax (Ontario + Toronto)
- $149,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $839,950
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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