Toronto E01 M4M 1L4
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C2,650,000
($1,936,600)
(€1,656,400)
Annual Taxes:C31,405
505 Park Ave, New York, NY 10022

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 ...

Description

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.

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.