414 Queen Street West, Toronto | Image 1

414 Queen Street West

Toronto, Kensington-Chinatown

  • Commercial

$4,190,000
For Sale

Added 2 months ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: CR3(c2;r2*1385)

  • Age: 100+ years

  • Taxes: 36384.89

  • MLS®#: C9347152

  • Days on Site: 1 Days

  • Added: Sep 11, 2024 (2 months ago)

  • Updated:

  • Last Checked: 9 hours ago

  • Listed By: CRESCENT REAL ESTATE INC.

Don't miss this Queen St West diamond in the rough! Tremendous potential for development of multi-unit residential in a prime location on the future Ontario Line. A rare 4 storey building on the bustling Queen St strip, currently mixed use-restaurant/residential with a trusted long term commercial tenant in place. Main Floor restaurant is 2235 sq. ft. plus approximately 1800 sq. ft. basement, with AC, Sprinklers, lease in place until 2027. The Upper 2nd, 3rd & 4th floor are approximately 850 sq. ft per floor of residential with potential for 3-6 units. Upper floors are in original condition with a grand central staircase. Entire building has radiant heat, metal fire escapes and full washrooms on each floors. Lot is Approximately 20 ft x 120 ft, narrows in rear. This building has unlimited potential for investment, renovate for office or multi-unit residential in a prime location on the future Ontario Line in the heart of Queen West!

Extras

Property is offered in AS-IS condition. New insulated entry door to residential installed 2024.

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Age: 100+

  • Area: Toronto

  • Community: Kensington-Chinatown

  • Availability Date: Flexible

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Radiant

  • Elevator: None

  • UFFI: Yes

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes: $36,385

  • Taxes Type: Annual

Land

  • Cross Street: Spadina Av

  • Municipality District: Toronto C01

  • Parcel Number: 212380142

  • Lot Depth: 120 Feet

  • Lot Frontage: 20 Feet

  • Zoning: CR3(c2;r2*1385)

Commercial Specific

  • Retail Area: 2500

  • Retail Area Metric: Sq Ft

  • Sprinklers: Part

  • Total Area: 5000

  • Total Area Metric: Sq Ft

  • Office Size: 2500

  • Office Size Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Subways

  • Franchise: N

  • Lot Code: Building

Map of 414 Queen Street West, Toronto
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