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566 Queen Street W Toronto, Ontario M5V 2B5

3900 sqft
Fully Air Conditioned Forced Air

$3,188,000

Prime Street Front Investment Opportunity Situated In The Heart Of Queen Street West, One Of Toronto's Mot Vibrant Retail Thoroughfares. Ideal For Investors Looking To Establish A Presence In One Of Toronto's Most Prestigious Neighborhoods. This Versatile Mixed-Use Property Offers Excellent Street Front Exposure, Premium Area Amenities, A Well Maintained Commercial Storefront, And Spacious Renovated Residential Units With A Touch Of Charm. Ground Floor Retail Space Currently Operating As A Bar And Restaurant Equipped With Liquor License. All Bar And Restaurant Equipment Is Owned By The Seller And Can Be Included In The Sale As A Turn-Key Operation. Current Commercial Tenant Is On A 5+5 Year Lease Term However, The Tenant Can Stay Or Leave For Buyer's Use. 2nd Floor Consists Of 3 Spacious 1Bdrm Residential Units With Front And Rear Entrances To The Building. All Residential Units Have Been Vacated For Selling Purposes. Basement Is Approximately 2000sqft Equipped With Front And Rear Access Points To Retail Space. Roof Replaced With Up To Date Rubber Material In 2018. Electrical 400 AMPS. All Residential Units Have Newly Installed Double Pump Mitsubishi Hearing Units. 5 Hydro Meters On Premises (Residential Units, Ground Floor, And HVAC System). Marketing Brochure And Rent Roll Available Upon Request. Bring Offers! (id:60365)

Property Details

MLS® Number C12362636
Property Type Retail
Community Name Kensington-Chinatown
AmenitiesNearBy Highway, Public Transit
ParkingSpaceTotal 4

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 3900 Sqft
Type Residential Commercial Mix
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway, Public Transit
SizeDepth 144 Ft ,4 In
SizeFrontage 20 Ft ,8 In
SizeIrregular 20.72 X 144.41 Ft ; Pies Out To 24.46, 142.52 On West
SizeTotalText 20.72 X 144.41 Ft ; Pies Out To 24.46, 142.52 On West
ZoningDescription Cr3 (c2;r2*1385)

https://www.realtor.ca/real-estate/28773125/566-queen-street-w-toronto-kensington-chinatown-kensington-chinatown

Mason Paikar
Broker


Royal LePage Connect Realty
1415 Kennedy Rd Unit 22
Toronto, Ontario M1P 2L6

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