Gurvinder Nokwal REALTOR®
For Sale Multiplex 10 days on market

$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
Map

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

Room Level Dimensions
Bedroom Second 10′ 9″ × 10′ 5″
Dining Room Main 13′ 1″ × 11′ 5″
Recreation Basement 27′ 5″ × 10′ 11″
Bedroom Second 15′ 7″ × 9′ 0″
Utility Room Basement 12′ 3″ × 5′ 0″
Bedroom Second 7′ 4″ × 13′ 4″
Kitchen Main 7′ 4″ × 13′ 4″
Bedroom Second 12′ 3″ × 11′ 5″
Bedroom Basement 14′ 2″ × 9′ 0″
Bedroom Second 12′ 11″ × 9′ 3″
Living Room Main 14′ 10″ × 12′ 2″
Family Room Main 10′ 9″ × 11′ 6″

Features

Interior

  • None

Pool

  • None
Excluded
All items belonging to tenants

Mortgage calculator

Minimum for this price: $690,000 (20%)

Amortization, years

Estimated mortgage payment

$15,276 per month

Principal and interest
$15,276
Property tax
$703
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
Total, before legal fees
$839,950
Talk to me about financing

Estimates 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

380 Spadina Road, Toronto, ON M5P 2V9 Forest Hill South, Toronto, ON M5P 2V9
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Also listed as MLS® C13876896, C13452232

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$3,450,000 380 Spadina Road, Toronto, ON M5P 2V9
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