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Commercial/Retail #C11885935

$3,150,000

512 Queen St W

Toronto - Kensington-Chinatown

4 ba
5819 sqft
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Property history Buy/sell history for 512 Queen St W Toronto

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$3,150,000

For Sale

Date: 08 Dec, 2024 496 days
C11885935
Property details
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Home facts

Details

Rooms

Tax
$42284.47/yr
Property type
Commercial/Retail
Style
Retail
Building age
100+
Sqft
5819
Lot size
15.75 x 141.14
Price/sqft
$541.33/sqft
Basement
Y
Parking
None garage
MLS® #
C11885935
Major intersection
Queen St W at Portland St.
Neighbourhood
Kensington-Chinatown
Listed on
08 Dec, 2024

About this home

*** Visit the REALTOR website for further information about this Listing *** 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. Read More

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Property is listed by EASY LIST REALTY LTD.

We are hiring | Join ReApp team

Property is listed by EASY LIST REALTY LTD.

We are hiring | Join ReApp team

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