506 Queen Street West, Toronto | Image 1

506 Queen Street West

Toronto, Kensington-Chinatown

  • Commercial

$299,000
For Sale

Added 3 weeks ago

Sign in or Register • To view all data & photos, an account is required by the Toronto Real Estate Board.

  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Bakery

  • Zoning: CR

  • Age: 51-99 years

  • MLS®#: C9511324

  • Days on Site: 20 Days

  • Added: Oct 24, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 8 hours ago

  • Listed By: RE/MAX ULTIMATE REALTY INC.

READY...SET...BAKE! Fully turn-key bakery and wholesale manufacturing business featuring premium equipment and a classy cafe in the front of the space. Located right where busy Queen St W and popular Portland St meet on the ever sunny north side of the street. Seller willing to train and provide recipes. Elegant cafe area is supported by an extensive prep and baking area at the back half of the space. Large dry basement ideal for dry storage features good sized walk-in fridge with potential for additional production space. Net Rent $6,250 + $2,750 TMI. LLBO for 30 interior. Lease expires 2028 + 1x5yr Renewal. Ground floor leasable area 2,275 sqft.

Extras

Tenant pays 90% of building water (approx. $800 quarterly). Monthly utilities approx. $1,500/month. Accessible washroom on main floor.

Property

  • Status: Sale

  • Type: Bakery

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Age: 51-99

  • Area: Toronto

  • Community: Kensington-Chinatown

  • Availability Date: soon

Inside

  • Bathrooms: 3

  • Air Conditioning: Y

  • Washrooms: 3

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: Y

  • Volts: 208

  • Amps: 100

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes Type: T.M.I.

Land

  • Cross Street: Portland St.

  • Municipality District: Toronto C01

  • Sewer: Sanitary

  • Zoning: CR

Commercial Specific

  • Number of Employees: 5

  • Retail Area: 2275

  • Retail Area Metric: Sq Ft

  • Total Area: 2275

  • Total Area Metric: Sq Ft

  • Hours Open: 8am-8pm

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Seats: 30

  • Business/Building Name: Geste Croissant

  • Financial Statement: N

  • LLBO: Y

Map of 506 Queen Street West, Toronto
4-8

Downtown Vocal Music Academy of Toronto

Elementary: Public
0.36 km
JK-6

ALPHA Alternative Junior School

Elementary: Public
0.36 km
JK-6

Niagara Street Junior Public School

Elementary: Public
0.70 km
JK-6

Ogden Junior Public School

Elementary: Public
0.55 km
JK-8

St Mary Catholic School

Elementary: Catholic
0.37 km
JK-8

Ryerson Community School Junior Senior

Elementary: Public
0.38 km
9-12

Oasis Alternative

Secondary: Public
0.36 km
9-12

City School

Secondary: Public
1.38 km
9-12

Subway Academy II

Secondary: Public
1.00 km
9-12

Heydon Park Secondary School

Secondary: Public
0.97 km
9-12

Contact Alternative School

Secondary: Public
1.11 km
9-12

Central Technical School

Secondary: Public
1.76 km
59 Ossington Avenue, Toronto | MLS: C9247752
For Sale
3 months ago
$350,000
  • 3 bath
  • 0 bed

59 Ossington Avenue, Toronto, Ontario • M6J 2Y9 • Trinity Bellwoods

134 Atlantic Avenue, Toronto | MLS: C9255945
For Sale
3 months ago
$249,000
  • 2 bath
  • 0 bed

134 Atlantic Avenue, Toronto, Ontario • M6K 1X9 • South Parkdale

Main-74 Gerrard Street East, Toronto | MLS: C9386993
For Sale
1 month ago
$249,000
  • 0 bath
  • 0 bed

Main-74 Gerrard Street East, Toronto, Ontario • M5B 1G6 • Church-Yonge Corridor

598 College Street, Toronto | MLS: C9388844
For Sale
1 month ago
$349,999
  • 2 bath
  • 0 bed

598 College Street, Toronto, Ontario • M6G 1B4 • Palmerston-Little Italy

92 Sudbury Street, Toronto | MLS: C9394740
For Sale
1 month ago
$349,900
  • 0 bath
  • 0 bed

92 Sudbury Street, Toronto, Ontario • M6J 0B7 • Little Portugal

25431-259 King Street East, Toronto | MLS: C9418383
For Sale
1 month ago
$299,900
  • 2 bath
  • 0 bed

25431-259 King Street East, Toronto, Ontario • M5A 1K2 • Moss Park

385 Spadina Avenue, Toronto | MLS: C10405320
For Sale
2 weeks ago
$250,000
  • 1 bath
  • 0 bed

385 Spadina Avenue, Toronto, Ontario • M5T 2G6 • Kensington-Chinatown

318 Harbord Street, Toronto | MLS: C9368729
For Sale
1 month ago
$260,000
  • 1 bath
  • 0 bed

318 Harbord Street, Toronto, Ontario • M6G 1H1 • Palmerston-Little Italy

308-117 Peter Street, Toronto | MLS: C10417473
For Sale
1 week ago
$350,000
  • 0 bath
  • 0 bed

308-117 Peter Street, Toronto, Ontario • M5V 0M3 • Waterfront Communities C01

1051 Bloor Street West, Toronto | MLS: C10420614
For Sale
1 week ago
$249,999
  • 0 bath
  • 0 bed

1051 Bloor Street West, Toronto, Ontario • M6H 1M4 • Dufferin Grove

1024 Queen Street West, Toronto | MLS: C10421198
For Sale
1 week ago
$298,000
  • 2 bath
  • 0 bed

1024 Queen Street West, Toronto, Ontario • M6J 1H6 • Trinity Bellwoods

640 Church Street, Toronto | MLS: C10426041
For Sale
1 week ago
$299,000
  • 0 bath
  • 0 bed

640 Church Street, Toronto, Ontario • M4Y 2G3 • Church-Yonge Corridor