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$3,188,000
Available - For Sale
Listing ID: C12362636
Prime Street Front Investment Opportunity Situated In The Heart Of Queen Street West, One Of Toronto's Mot Vibrant Retail Thoroughfares. Ideal For Investors Looking To Establish A Presence In One Of Toronto's Most Prestigious Neighborhoods. This Versatile Mixed-Use Property Offers Excellent Street Front Exposure, Premium Area Amenities, A Well Maintained Commercial Storefront, And Spacious Renovated Residential Units With A Touch Of Charm. Ground Floor Retail Space Currently Operating As A Bar And Restaurant Equipped With Liquor License. All Bar And Restaurant Equipment Is Owned By The Seller And Can Be Included In The Sale As A Turn-Key Operation. Current Commercial Tenant Is On A 5+5 Year Lease Term However, The Tenant Can Stay Or Leave For Buyer's Use. 2nd Floor Consists Of 3 Spacious 1Bdrm Residential Units With Front And Rear Entrances To The Building. All Residential Units Have Been Vacated For Selling Purposes. Basement Is Approximately 2000sqft Equipped With Front And Rear Access Points To Retail Space. Roof Replaced With Up To Date Rubber Material In 2018. Electrical 400 AMPS. All Residential Units Have Newly Installed Double Pump Mitsubishi Hearing Units. 5 Hydro Meters On Premises (Residential Units, Ground Floor, And HVAC System). Marketing Brochure And Rent Roll Available Upon Request. Bring Offers!
Price $3,188,000
Taxes: $36,870.94
Tax Type: Annual
Occupancy by: Tenant
Address: 566 Queen Stre West , Toronto, M5V 2B5, Toronto
Postal Code: M5V 2B5
Province/State: Toronto
Legal Description: PT PARKLT 18 CON 1 FTB TWP OF YORK AS IN
Directions/Cross Streets: Queen and Spadina Ave
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 3,900
Total Area Code:  Square Feet
Office/Appartment Area: 1900
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Franchise: F
Days Open: O
Maintenance: 0
Sprinklers: No
Outside Storage: F
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: None
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE CONNECT REALTY

566 Queen Stre West , Toronto, M5V 2B5, Toronto

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

 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Kensington-Chinatown
Style:
Lot Size: x 144.41(Feet)
Approximate Age:
Tax: $36,870.94
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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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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