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

$3,988,000

MLS® # C9039999

Commercial For Sale In Alexandra Park, Toronto (Kensington-Chinatown), Ontario

$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.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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