Toronto C01, ON M5V 2B5,566 Queen ST W
Toronto C01, ON M5V 2B5,566 Queen ST W
Toronto C01, ON M5V 2B5,566 Queen ST W
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$3,350,000
Est. payment /mo
3,900 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,900 sqft

Price per Sqft $858

Subdivision Kensington-Chinatown

MLS Listing ID C11987595

Annual Tax Amount $36,870

Tax Year 2024

Property Sub-Type Store W Apt/Office

Lot Depth 144.41

Lot Front 20.72

Property Description

Prime Queen St. West Property - Turnkey Bar & Restaurant with Renovated Apartments Located in the heart of Queen St. West, this exceptional property offers a rare opportunity for both end-users and savvy investors. Whether you're looking to operate your own business or secure a long-term income-generating asset, this space checks all the boxes. Main Floor Fully designed and equipped bar and restaurant, ready for immediate operation. Nearly new, high-quality kitchen and bar equipment in excellent condition. Valid liquor license included, making this space a ready-to-go business. Second Floor Three newly renovated one-bedroom units with separate entrance door on Queen St , perfect for rental income or staff accommodations. Additional Features Roof replaced in 2017.Full Basement available for storage or expansion. New Mitsubishi double-head heat pumps for each of the three second-floor units. HVAC System tailored for the restaurant.5 separate hydro meters for efficient management of utilities. This turn-key property underwent extensive renovations in 2018, providing a perfect balance of operational readiness and long-term investment potential. Don't miss this incredible opportunity to own a piece of one of Toronto's most sought-after neighbourhoods.

Location

Province ON

County Toronto

Community Kensington-Chinatown

Area Toronto

Zoning CR3 (c2;r2*1385)

Interior

Cooling Yes

Inclusions Liquor license and all restaurant equipment included in the sale. A must-see! All measurements and information to be verified by the buyer and their representative.

Exterior

Community Features Public Transit

Utilities Available Yes

Lot Frontage 20.72

Lot Depth 144.41

Others

Security Features No

Virtual Tour https://www.winsold.com/tour/389694


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Listed by ROYAL LEPAGE REAL ESTATE SERVICES KATY TORABI

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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