Added 3 months ago
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Type: Store W/Apt/Office
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Property Type: Commercial
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Zoning: CR3(c2;r2*1385)
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Age: 100+ years
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Taxes: 36384.89
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MLS®#: C9347152
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Days on Site: 1 Days
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Added: Sep 11, 2024 (3 months ago)
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Updated:
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Last Checked: 1 hour ago
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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
Downtown Vocal Music Academy of Toronto
Elementary: PublicALPHA Alternative Junior School
Elementary: PublicBeverley School
Elementary: PublicOgden Junior Public School
Elementary: PublicSt Mary Catholic School
Elementary: CatholicRyerson Community School Junior Senior
Elementary: PublicOasis Alternative
Secondary: PublicCity School
Secondary: PublicSubway Academy II
Secondary: PublicHeydon Park Secondary School
Secondary: PublicContact Alternative School
Secondary: PublicCentral Technical School
Secondary: Public
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