Don't miss this Historical Queen St West diamond in the rough! Tremendous potential for development of multi-unit residential in a primelocation on the future Ontario Line. A rare 4 storey building on the bustling Queen St strip, currently mixed use-restaurant/residential with atrusted 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 840 sq. ft per floor of residential with potential for 3-6 units. Upper floors are inoriginal condition with a grand central staircase. Entire building has radiant heat, metal fire escapes and full washrooms on each floors. Lot isApproximately 20 ft x 120 ft, narrows in rear. This building has unlimited potential for investment, renovate for office or multi-unit residential in aprime location on the future Ontario Line in the heart of Queen West. Property is offered in AS-IS condition. New insulated entry door to residential installed 2024.
MLS# | C11975110 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 31 |
Listing Provided By | CRESCENT REAL ESTATE INC. | C11975110 251400 |
SQ Feet | 5,000 |
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Acreage | 0.11 |
Province | ON |
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Region | Toronto |
City | Toronto C01 |
Postal Code | M5V 2A7 |
Area | Kensington Chinatown |
Listing VS Median (In M5V 2A7) | |
Price: $3,890,000 low | high Med: $3,314,000 SqFt: 5,000 low | high Med: 3,325 $ / SqFt: $778 low | high Med: $1,219 On site: 31 low | high Med: 18.500000 |