512 Queen Street For Sale

Toronto, Kensington-Chinatown, M5V 2B3

$3,800,000

Description

Listed by EASY LIST REALTY LTD..

For more information, please click Brochure button. This 3 storey Victorian property is located on the preferred north side and at the heart of trendy Queen St West. It sits between Spadina Ave and Bathurst St at the top of Portland St., and is across the street from Loblaws and Joe Fresh. The building has 15.75ft of prime frontage with high ceilings. A successful restaurant/bar business has operated here for at least 6 decades and the building features 2 floors with 3 licensed rooms and 2 licensed patios. Public washrooms are in the basement. The 3rd floor has 3 offices and a washroom. The total usable size of the property is 5,819 sq./ft. including the patios and basement. This property will be highly attractive to investors due to its stable and reliable potential income, attractive location, and huge foot traffic in the area. The area is well served by TTC streetcar lines on both Queen and Bathurst streets and the upcoming Ontario Subway Line with a stop at Queen and Spadina. The property was renovated in the early 1980's and the front facade was restored in 2008 in accordance with requirements of the Toronto Historical Board. The building has a liquor licence for 133 people.

Location

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  • Address: 512 Queen Street
  • Neighborhood: Kensington-Chinatown
  • City: Toronto
  • State: Ontario
  • Postal Code: M5V 2B3

Property Details

  • Property ID: C11885935
  • Property Price: $3,800,000
  • Style: Commercial/Retail, Retail
  • Bath: 4
  • Year Built: 100+
  • A/C: Y
  • Basement: Y
  • Heating: Gas Forced Air Open
  • Taxes: $42,284.47 (2024)
  • Lot: 141.14x15.75 (Feet)

Property History

This property has been sold 2 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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