566 Queen Street West, Toronto | Image 1

566 Queen Street West

Toronto, Kensington-Chinatown

  • Commercial

$3,470,000
For Sale

Added 1 month ago

Sign in or Register • To view all data & photos, an account is required by the Toronto Real Estate Board.
  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: CR3(c2;r2*1385)

  • Age: 31-50 years

  • Taxes: 36870.94

  • MLS®#: C11888733

  • Days on Site: 21 Days

  • Added: Dec 11, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: HOMELIFE LANDMARK REALTY INC.

Located in a prime location on Queen St. West, this property offers a unique opportunity for both end users and investors. The property features:Main Floor: Fully designed and equipped as a bar and restaurant, ready for immediate operation. The space includes nearly new equipment in excellent condition and a valid liquor license.Second Floor: Features three fully renovated one-bedroom units, ideal for rental income or staff accommodations.Roof: 2017. Basement: Full basement available for storage or additional use.This turn-key property underwent extensive renovations in 2018 and provides a perfect blend of operational readiness and investment potential. A must-see don't miss this incredible opportunity! All measurements and information must be verified by the buyer and their representative.

Extras

The liquor license and all the restaurant equipment and chattels are included. 3 separate new Mitsubishi double-head heat pumps for each unit on the second floor. HVAC system for the restaurant. 5 separate hydro meter.

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Age: 31-50

  • Area: Toronto

  • Community: Kensington-Chinatown

  • Availability Date: Immediate

Inside

  • Bathrooms: 9

  • Air Conditioning: Y

  • Washrooms: 9

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

  • Amps: 400

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT PARKLT 18 CON 1 FTB TWP OF YORK AS IN CA761746 EXCEPT THE EAS

  • Taxes: $36,871

  • Taxes Type: Annual

Land

  • Cross Street: Queen and Bathurst

  • Municipality District: Toronto C01

  • Parcel Number: 212370105

  • Lot Depth: 142.5 Feet

  • Lot Frontage: 20.72 Feet

  • Zoning: CR3(c2;r2*1385)

Commercial Specific

  • Retail Area: 2000

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 3900

  • Total Area Metric: Sq Ft

  • Office Size: 1900

  • Office Size Metric: Sq Ft

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Financial Statement: N

  • LLBO: Y

4-8

Downtown Vocal Music Academy of Toronto

Elementary: Public
0.42 km
JK-6

ALPHA Alternative Junior School

Elementary: Public
0.47 km
JK-6

Niagara Street Junior Public School

Elementary: Public
0.56 km
JK-6

Charles G Fraser Junior Public School

Elementary: Public
0.50 km
JK-8

St Mary Catholic School

Elementary: Catholic
0.24 km
JK-8

Ryerson Community School Junior Senior

Elementary: Public
0.41 km
9-12

Oasis Alternative

Secondary: Public
0.48 km
9-12

City School

Secondary: Public
1.39 km
9-12

Subway Academy II

Secondary: Public
1.11 km
9-12

Heydon Park Secondary School

Secondary: Public
1.10 km
9-12

Contact Alternative School

Secondary: Public
1.26 km
9-12

Central Technical School

Secondary: Public
1.75 km
For Sale
5 months ago
$3,950,000
  • 0 bath
  • 0 bed

594 Yonge Street, Toronto, Ontario • M4Y 1Z3 • Church-Yonge Corridor

For Sale
2 months ago
$2,680,000
  • 2 bath
  • 0 bed

33 Madison Avenue, Toronto, Ontario • M5R 2S2 • Annex

For Sale
1 week ago
$2,799,888
  • 0 bath
  • 0 bed

1061 Bathurst Street, Toronto, Ontario • M5R 3G8 • Annex

For Sale
1 week ago
$2,828,000
  • 2 bath
  • 0 bed

108 Scollard Street, Toronto, Ontario • M5R 1G2 • Annex

For Sale
5 days ago
$2,990,000
  • 0 bath
  • 0 bed

844 Dundas Street West, Toronto, Ontario • M6J 1V5 • Trinity Bellwoods

For Sale
2 days ago
$3,399,000
  • 0 bath
  • 0 bed

443 Parliament Street, Toronto, Ontario • M5A 2H6 • Cabbagetown-South St. James Town