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$2,650,000
Available - For Sale
Listing ID: E13034324
Colliers is pleased to present 1192 Queen Street East, Toronto (the "Property"), a 3,919 square foot fully leased retail building with 35 feet of frontage on one of Toronto's most active retail corridors in Leslieville. The property is fully leased to NODO Restaurant, a highly regarded Italian restaurant with three additional established locations across Toronto, providing a proven and recognizable tenant covenant. The lease is structured on a net basis and has been extended through April 30, 2029, offering three years of net stable rental income. Additionally, the restaurant benefits from 1,463 sq ft of patio space located on the sides and rear of the building. Located one block east of Queen Street East and Leslie Street, on a prominent corner within Leslieville, the property benefits from strong visibility, consistent pedestrian traffic, and long term neighbourhood growth, supporting long term land bank optionality. High visibility Leslieville retail with long term upside.
Price $2,650,000
Taxes: $31,405
Tax Type: Annual
Occupancy by: Tenant
Address: 1192 Queen Street East , Toronto, M4M 1L4, Toronto
Postal Code: M4M 1L4
Province/State: Toronto
Legal Description: PT LT 11 CON 1 FTB TWP OF YORK AS IN CA7
Directions/Cross Streets: Queen Street East & Jones Avenue
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: Retail
Use: Hospitality/Food Related
Building Percentage: T
Total Area: 3,919
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: Yes
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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COLLIERS

1192 Queen Street East , Toronto, M4M 1L4, Toronto

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

 
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At a Glance:
Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto E01
Neighbourhood: South Riverdale
Style:
Lot Size: x 80.00(Feet)
Approximate Age:
Tax: $31,405
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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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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