512 Queen St W

Toronto C01 | Kensington-Chinatown | M5V 2B3
  • 5819.0 sqft
  • 0 gar

Ask: $3,800,000 $3,600,000

Est. Mtg $12,207 /mo
  • Days on market

    118

  • Status

    A

Listing Broker EASY LIST REALTY LTD.
Since listed: 1 views

Home details

MLS #:

C11885935

Property type:
Commercial/Retail
Style:
Taxes:
$42,284
Possession:
Negotiable
Condo Fee:
Lot Size:
15.75 X 141.14
Zoning:
CR3
Use:
Hospitality/Food Related
Heat:
Gas Forced Air Open

Description


512 Queen St W, , Toronto, Ontario is a Commercial/Retail property in Toronto C01 and in the Kensington-Chinatown community in the M5V 2B3 postal code


For more information, please click Brochure button. This 3 storey Victorian property is located on the preferred north side and at the heart of trendy Queen St West. It sits between Spadina Ave and Bathurst St at the top of Portland St., and is across the street from Loblaws and Joe Fresh. The building has 15.75ft of prime frontage with high ceilings. A successful restaurant/bar business has operated here for at least 6 decades and the building features 2 floors with 3 licensed rooms and 2 licensed patios. Public washrooms are in the basement. The 3rd floor has 3 offices and a washroom. The total usable size of the property is 5,819 sq./ft. including the patios and basement. This property will be highly attractive to investors due to its stable and reliable potential income, attractive location, and huge foot traffic in the area. The area is well served by TTC streetcar lines on both Queen and Bathurst streets and the upcoming Ontario Subway Line with a stop at Queen and Spadina. The property was renovated in the early 1980's and the front facade was restored in 2008 in accordance with requirements of the Toronto Historical Board. The building has a liquor licence for 133 people..

Extras

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Payment calculator

$15730 monthly. In association with: TD Bank
%
  • Principal and Interest
    12207 /mo
  • Property Taxes
    $3523 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Daniella Silvestri, Realtor

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