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566 QUEEN STREET W, Toronto (Kensington-Chinatown), Ontario, M5V 2B5

MLS® # C9039999
Commercial For Sale In Alexandra Park, Toronto (Kensington-Chinatown), Ontario
$3,988,000
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
Matterport
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
566 Queen Street W, Toronto (Kensington-Chinatown), ON
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ACTIVE
566 QUEEN STREET W, Toronto (Kensington-Chinatown), Ontario, M5V 2B5
$3,988,000

Property Information:

Prime location on Queen St. West. The rent includes the entire property. The main floor, the second floor, and the roof were fully renovated in 2019. The main floor is designed as a bar and restaurant, and there are three one-bedroom units on the second floor. Full basement to use as storage. The main floor is ready to operate as a bar and restaurant with all the equipment in a perfect condition almost new, and the liquor license. Perfect for end user and also a perfect investment for an investor. There is a potential tenant with a 6% net cap. All the measurements are to be verified by the buyer and the salesperson. **** EXTRAS **** The liquor license and all the restaurant equipment and chattels are included. 3 separate new Mitsubishi double-head heat pumps for each unit on the second floor. HVAC system for the restaurant. 5 separate hydro meter. (id:27)

Building Features:

  • Style: Retail
  • Building Type: Residential Commercial Mix
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Bathrooms: 8
  • Amenities Nearby: Public Transit
  • Features: Irregular lot size
  • Irregular: Yes
  • Lot Depth: 142.5 Feet
  • Lot Frontage: 20.7 Feet
  • Lot Size: Bldg=20.72 x 142.5 FT ; 20.72 x 144.41 x 24.46 x 142.52
  • Zoning: CR3(c2;r2*1385)
  • No. of Parking Spaces: 4

Courtesy of: HOMELIFE LANDMARK REALTY INC.

REALTOR.ca  

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Market Price Trends

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Location of 566 QUEEN STREET W, Toronto (Kensington-Chinatown), Ontario, M5V 2B5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 566 QUEEN STREET W , experiences 7 hot days per year at around 30.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.7℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

56/100

Moderate

ClimateCheck®

Current data

This property, 566 QUEEN STREET W , experiences 11 significant 2-day storms per year, with about 295.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 366.4mm of precipitation per year.

Precipitation Per Storm

Past
295.1mm
2050
366.4mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 566 QUEEN STREET W, Toronto (Kensington-Chinatown), Ontario, M5V 2B5

Life Stage

Young Singles

Employment Type

White Collar

Average Household Income

$204,543.18

Average Number of Children

1.43

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.78 %

High school certificate or equivalent

16.86 %

Apprenticeship trade certificate/diploma

1.63 %

College/non-university certificate

11.66 %

University certificate (below bachelor)

3.39 %

University Degree

58.68 %

Commuter

Travel To Work

By Car

33.24 %

By Public Transit

22.8 %

By Walking

30.64 %

By Bicycle

6.11 %

By Other Methods

7.21 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

88.56 %

Houses

11.44 %

Own Vs. Rent

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