Secon-550 Queen Street West, Toronto | Image 1

Secon-550 Queen Street West

Toronto, Kensington-Chinatown

  • Commercial

$35
For Rent

Added 6 days ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: CR 3.0 (C2.0; R2

  • Age: No Data

  • Taxes: 19.65

  • MLS®#: C9507030

  • Added: Oct 23, 2024 (6 days ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: SOTHEBY`S INTERNATIONAL REALTY CANADA

Situated in the heart of Toronto's bustling Queen West neighbourhood, renowned for its vibrant arts and culture scene, shops, and hyped nightlife, 550 Queen St West offers a prime hospitality/retail opportunity. The versatile second-floor space offers 2,685 sq ft (approx) of customizable area with ample room for a bespoke restaurant, bar, retail or service-based business layout; includes areas for storage, office, staff room and dedicated customer restrooms. A dedicated street entrance with a flight of stairs leads to an exclusive second-floor presence. Large front-facing windows enhance visibility of the well-maintained premises. Currently fit out as a bar/lounge with booth seating, 2 bars, a dance floor, 4 washrooms, and a transferable liquor license. This second-floor space is easily adaptable for tenant-specific requirements and branding. Ideally positioned to capture the area's high pedestrian and vehicular traffic, presenting a unique chance for entrepreneurs or retailers looking to immerse themselves in one of the city's most sought-after districts. The high-density area with a continuous stream of local and tourist foot traffic, especially during evenings and weekends, makes this location ideal for a destination restaurant/bar or boutique retail. Located among restaurants, bars, independent retailers and anchored by CB2, LCBO, Loblaws, Joe Fresh, Winners. Close to multiple transit options.

Extras

Transferable liquor license. Net lease. $19.65 TMI psf. Hydro, gas and water additional.

Property

  • Status: Lease

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Toronto

  • Community: Kensington-Chinatown

  • Availability Date: TBA

Inside

  • Bathrooms: 4

  • Air Conditioning: Y

  • Washrooms: 4

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Street

Fees

  • Tax Year: 2024

  • Taxes: $20

  • Taxes Type: T.M.I.

Land

  • Cross Street: Queen W + Bathurst

  • Municipality District: Toronto C01

  • Parcel Number: 212370111

  • Lot Depth: 127 Feet

  • Lot Frontage: 22.5 Feet

  • Zoning: CR 3.0 (C2.0; R2

Shipping Doors

  • Clearing Height (ft): 9

  • Clearing Height (in): 6

Commercial Specific

  • Retail Area: 88

  • Retail Area Metric: %

  • Sprinklers: N

  • Terms: 60

  • Total Area: 2685

  • Total Area Metric: Sq Ft

  • Minimum Rental Months: 60

  • Office Size: 12

  • Office Size Metric: %

  • Lot Code: Lot

  • Seats: 153

  • LLBO: Y

Map of Secon-550 Queen Street West, Toronto
4-8

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