$3,350,000
Available - For Sale
Listing ID: C11987595
566 Queen Street West , Toronto, M5V 2B5, Toronto
| Prime Queen St. West Property - Turnkey Bar & Restaurant with Renovated Apartments Located in the heart of Queen St. West, this exceptional property offers a rare opportunity for both end-users and savvy investors. Whether you're looking to operate your own business or secure a long-term income-generating asset, this space checks all the boxes. Main Floor Fully designed and equipped bar and restaurant, ready for immediate operation. Nearly new, high-quality kitchen and bar equipment in excellent condition. Valid liquor license included, making this space a ready-to-go business. Second Floor Three newly renovated one-bedroom units with separate entrance door on Queen St , perfect for rental income or staff accommodations. Additional Features Roof replaced in 2017.Full Basement available for storage or expansion. New Mitsubishi double-head heat pumps for each of the three second-floor units. HVAC System tailored for the restaurant.5 separate hydro meters for efficient management of utilities. This turn-key property underwent extensive renovations in 2018, providing a perfect balance of operational readiness and long-term investment potential. Don't miss this incredible opportunity to own a piece of one of Toronto's most sought-after neighbourhoods. |
| Price | $3,350,000 |
| Taxes: | $36870.94 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 566 Queen Street 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 |
| Lot Size: | 20.72 x 144.41 (Feet) |
| Directions/Cross Streets: | Queen and Spadina Ave |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 3900.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1900 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 2000 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Days Open: | O |
| LLBO: | Y |
| Sprinklers: | No |
| Washrooms: | 0 |
| Outside Storage: | F |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | None |
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| ROYAL LEPAGE REAL ESTATE SERVICES KATY TORABI |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Toronto |
| Municipality: | Toronto C01 |
| Neighbourhood: | Kensington-Chinatown |
| Lot Size: | 20.72 x 144.41(Feet) |
| Tax: | $36,870.94 |
| Fireplace: | N |
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