1024 Queen Street West, Toronto | Image 1

1024 Queen Street West

Toronto, Trinity Bellwoods

  • Commercial

$298,000
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: CR3 (c1: r2. 5*1

  • Age: 51-99 years

  • Taxes: 8000

  • MLS®#: C10421198

  • Days on Site: 1 Days

  • Added: Nov 11, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ELEVEN ELEVEN REALTY INC.

Location!! Prime location for a food business. Has been a cafe for over 35 years! Turn key operation, ready to open immediately. Steps to the Ossington Strip. Location has been in only two 2 hands over the last 35 years. In great condition. Well maintained. Landlord must agree to new tenant. No nightclubs.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Age: 51-99

  • Area: Toronto

  • Community: Trinity Bellwoods

Inside

  • Bathrooms: 2

  • Air Conditioning: Y

  • Washrooms: 2

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Elec Forced Air

  • UFFI: No

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 13 PL D204 Toronto PT 1, 63R4331: City of TO

  • Taxes: $8,000

  • Expenses: Est

  • Management Expense: 48000

  • Insurance Fee: 2300

  • Hydro Expense: 1900

  • Taxes Type: Annual

  • Taxes: 12000

  • Tax Year: 2024

  • Water Fees: 600

Land

  • Cross Street: Queen/Ossington

  • Municipality District: Toronto C01

  • Parcel Number: 212760334

  • Sewer: San+Storm Avail

  • Lot Depth: 94.49 Feet

  • Lot Frontage: 18 Feet

  • Zoning: CR3 (c1: r2. 5*1

Shipping Doors

  • Clearing Height (ft): 13

Commercial Specific

  • Number of Employees: 14

  • Retail Area: 1300

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Terms: 72

  • Total Area: 1700

  • Total Area Metric: Sq Ft

  • Minimum Rental Months: 12

  • Hours Open: 9am - 3

  • Area Influence: Public Transit

  • Days Open: 5

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Seats: 52

  • Business/Building Name: Cafe Neon

  • Financial Statement: Y

  • Gross Income/Sales: 879975

  • LLBO: Y

Map of 1024 Queen Street West, Toronto
JK-6

The Grove Community School

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Pope Francis Catholic School

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0.82 km
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Ossington/Old Orchard Junior Public School

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0.97 km
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Givins/Shaw Junior Public School

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École élémentaire Pierre-Elliott-Trudeau

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Alexander Muir/Gladstone Ave Junior and Senior Public School

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Msgr Fraser College (Southwest)

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Parkdale Collegiate Institute

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St Mary Catholic Academy Secondary School

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Harbord Collegiate Institute

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