1260 The Queensway, Toronto | Image 1

1260 The Queensway

Toronto, Islington-City Centre West

  • Commercial

$2,199,000
For Sale

Added 8 months ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: Cr

  • Age: No Data

  • Taxes: 10469.75

  • MLS®#: W8054590

  • Days on Site: 224 Days

  • Added: Feb 07, 2024 (8 months ago)

  • Updated:

  • Last Checked: 9 hours ago

  • Listed By: TRADEWORLD REALTY INC

Corner Commercial & Residential Building W/4 Apt. Great Exposure, Banks & Car Dealerships, Medical/Dental Office Just Next Door. Major Route Lots Of Traffic, Rapid Developing Area, Minutes To Ikea, Qew, Ttc To Subway, M/M Tenants Pay Hydro, Roof About 13 Yrs, Windows 8 Yrs, Owner Run Chinese Restaurant W/ Sit In (14 Seats, 6 Tables). Mostly Pick Up, Very Profitable Business, Owner Retiring, Vacant Possession Of Restaurant/Lease Back For 6 Months For $3,200/M + 50% Of Property Tax + Water + Sep. Meter Gas. Price For Bldg + Restaurant Equipments (See List) Buyer/Agent To Verify Measurement, Legal Use, Suitable Other Business. Buyer To Assume Existing 3 Tenants.

Extras

Elf, Gas Burner(Boiler) & Equipments (Rental) 6 Hydro Meters. 2 Gas Meters, 2 Hwt, 4 Fridges+ 4 Stoves In Apt. All Restaurant Equipment ( See List), Coin Washer/Dryer.

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Area: Toronto

  • Community: Islington-City Centre West

  • Availability Date: Tba

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Water Radiators

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 1

Fees

  • Tax Year: 2024

  • Tax Legal Description: Plan 2032 W Pt Lot 51 Rp64R 8150 Parts 1 & 2

  • Taxes: $10,470

  • Taxes Type: Annual

Land

  • Cross Street: Kipling & Queensway

  • Municipality District: Toronto W08

  • Parcel Number: 075280164

  • Sewer: Sanitary

  • Lot Depth: 98.39 Feet

  • Lot Frontage: 19.83 Feet

  • Zoning: Cr

Commercial Specific

  • Retail Area: 700

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 2960

  • Total Area Metric: Sq Ft

  • Office Size: 2260

  • Office Size Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 14

  • Financial Statement: N

  • LLBO: N

Map of 1260 The Queensway, Toronto
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