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$3,890,000
Available - For Sale
Listing ID: C11975110
Don't miss this Historical Queen St West diamond in the rough! Tremendous potential for development of multi-unit residential in a primelocation on the future Ontario Line. A rare 4 storey building on the bustling Queen St strip, currently mixed use-restaurant/residential with atrusted long term commercial tenant in place. Main Floor restaurant is 2235 sq. ft. plus approximately 1800 sq. ft. basement, with AC, Sprinklers,lease in place until 2027. The Upper 2nd, 3rd & 4th floor are 840 sq. ft per floor of residential with potential for 3-6 units. Upper floors are inoriginal condition with a grand central staircase. Entire building has radiant heat, metal fire escapes and full washrooms on each floors. Lot isApproximately 20 ft x 120 ft, narrows in rear. This building has unlimited potential for investment, renovate for office or multi-unit residential in aprime location on the future Ontario Line in the heart of Queen West. Property is offered in AS-IS condition. New insulated entry door to residential installed 2024.
Price $3,890,000
Taxes: $35,419
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Own+Ten
Address: 414 Queen St West , Toronto, M5V 2A7, Ontario
Postal Code: M5V 2A7
Province/State: Ontario
Lot Size: 20 x 120 (Feet)
Directions/Cross Streets: Spadina Av
Zoning: CR3(c2;r2*1385)
Category: Store With Apt/Office
Building Percentage: Y
Total Area: 5,000
Total Area Code:  Sq Ft
Office/Appartment Area: 2500
Office/Appartment Area Code: Sq Ft
Retail Area: 2500
Retail Area Code: Sq Ft
Area Influences: Public Transit   Subways
Approximatly Age: 100+
Franchise: N
Sprinklers: Part
Heat Type: Radiant
Central Air Conditioning: Part
Elevator Lift: None
Water: Municipal
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CRESCENT REAL ESTATE INC.

414 Queen St West , Toronto, M5V 2A7, Ontario

Personal Picture
Maria Tompson
Sales Representative
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Com - Store W/Apt/Office
Area: Toronto
Municipality: Toronto
Neighbourhood: Kensington-Chinatown
Style:
Lot Size: 20.00 x 120.00(Feet)
Approximate Age: 100+
Tax: $35,419
Maintenance Fee: $0
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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