200 Queen Street, Toronto | Image 1

200 Queen Street

Toronto, Kensington-Chinatown

  • Commercial

$79,000
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Business Commerc

  • Age: No Data

  • MLS®#: C9375098

  • Days on Site: 42 Days

  • Added: Sep 30, 2024 (1 month ago)

  • Updated:

  • Last Checked: 7 hours ago

  • Listed By: ROYAL LEPAGE SIGNATURE REALTY

Turnkey cafe or quick service restaurant (QSR) that has been in operation since 2015 and taken over by current ownership in 2021. This streamlined space is in excellent condition and turnkey ready to take advantage of the near constant foot traffic on this busy stretch of Queen Street. Located on the north sunny side of the street, this bright unit has a great layout and is easy to staff. The street-facing front window floods the space with natural light. Ready for rebranding as cafe, bakery, juice bar or QSR. Open to any concept, no restrictions.

Extras

Gross Rent of $11,548 that includes TMI. 950 sq ft space with seating for 14. There is a convection oven for baking and full cafe equipment.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Kensington-Chinatown

  • Availability Date: TBD

Inside

  • Bathrooms: 1

  • Air Conditioning: Y

  • Washrooms: 1

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

  • Volts: 200

  • Amps: 600

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 10 N/S QUEEN ST PL 1-49-55 TORONTO CITY OF TORO

  • Taxes Type: T.M.I.

Land

  • Cross Street: Queen St W & St Patr

  • Municipality District: Toronto C01

  • Sewer: San+Storm

  • Lot Depth: 102 Feet

  • Lot Frontage: 41 Feet

  • Zoning: Business Commerc

Commercial Specific

  • Number of Employees: 6

  • Rail: N

  • Retail Area: 950

  • Retail Area Metric: Sq Ft

  • Total Area: 950

  • Total Area Metric: Sq Ft

  • Hours Open: 8-7

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Seats: 14

  • Soil Test: N

  • Business/Building Name: Velvet Sunrise Coffee Roasters

  • Financial Statement: N

  • LLBO: N

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