566 Queen Street West, Toronto (Kensington-Chinatown), M5V2B5

Home Overview

Description

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! (id:39198)

2 days

On Market

Retail

Property Type

$36,871 / Year

Est. Annual Taxes

Residential Commercial Mix

Style

-

Garage

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Basement

Location & Areas