32
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$2,650,000
Est. payment /mo
Active
566 Queen ST W Toronto C01, ON M5V 2B5
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Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,900 sqft
Price per Sqft $679
Subdivision Kensington-Chinatown
MLS Listing ID C11987595
Annual Tax Amount $36,870
Tax Year 2024
Property Sub-Type Store W Apt/Office
Property Description
Prime Queen St. West Property - Turnkey Bar & Restaurant with Renovated Apartments Located in the heart of Queen St. West, this exceptional property offers a rare opportunity for both end-users and savvy investors. Whether you're looking to operate your own business or secure a long-term income-generating asset, this space checks all the boxes. Main Floor Fully designed and equipped bar and restaurant, ready for immediate operation. Nearly new, high-quality kitchen and bar equipment in excellent condition. Valid liquor license included, making this space a ready-to-go business. Second Floor Three newly renovated one-bedroom units with separate entrance door on Queen St , perfect for rental income or staff accommodations. Additional Features Roof replaced in 2017.Full Basement available for storage or expansion. New Mitsubishi double-head heat pumps for each of the three second-floor units. HVAC System tailored for the restaurant.5 separate hydro meters for efficient management of utilities. This turn-key property underwent extensive renovations in 2018, providing a perfect balance of operational readiness and long-term investment potential. Don't miss this incredible opportunity to own a piece of one of Toronto's most sought-after neighbourhoods.
Location
Province ON
County Toronto
Community Kensington-Chinatown
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 20.72
Lot Depth 144.41
Others
Security Features No
Virtual Tour https://www.winsold.com/tour/389694
Listed by ROYAL LEPAGE REAL ESTATE SERVICES KATY TORABI