Toronto C01 M5V 2A7

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No

Financials

Price:C3,890,000
($2,810,914)
(€2,468,182.22)
Annual Taxes:C35,419
505 Park Ave, New York, NY 10022

Description

Don't miss this Historical Queen St West diamond in the rough! Tremendous potential for development of multi-unit residential in a primelocation on the future Ontario Line. A rare 4 storey building on the bustling Queen St strip, currently mixed use-restaurant/residential with atrusted long term commercial tenant in place. Main Floor restaurant is 2235 sq. ft. plus approximately 1800 sq. ft. basement, with AC, Sprinklers,lease in place until 2027. The Upper 2nd, 3rd & 4th floor are 840 sq. ft per floor of residential with potential for 3-6 units. Upper floors are inoriginal condition with a grand central staircase. Entire building has radiant heat, metal fire escapes and full washrooms on each floors. Lot isApproximately 20 ft x 120 ft, narrows in rear. This building has unlimited potential for investment, renovate for office or multi-unit residential in aprime location on the future Ontario Line in the heart of Queen West. Property is offered in AS-IS condition. New insulated entry door to residential installed 2024.

Amenities

  • Available
  • Partial
  • Public Transit
  • Subways

Don't miss this Historical Queen St West diamond in the rough !


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.