566 Queen Street W Toronto (Kensington-Chinatown), Ontario M5V 2B5

8 Bathroom 3,900 ft2
Fully Air Conditioned Forced Air

$3,988,000

Prime location on Queen St. West. The rent includes the entire property. The main floor, the second floor, and the roof were fully renovated in 2019. The main floor is designed as a bar and restaurant, and there are three one-bedroom units on the second floor. Full basement to use as storage. The main floor is ready to operate as a bar and restaurant with all the equipment in a perfect condition almost new, and the liquor license. Perfect for end user and also a perfect investment for an investor. There is a potential tenant with a 6% net cap. All the measurements are to be verified by the buyer and the salesperson. **** 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. (id:31697)

Property Details

MLS® Number C9039999
Property Type Retail
Community Name Kensington-Chinatown
Amenities Near By Public Transit
Features Irregular Lot Size
Parking Space Total 4

Building

Bathroom Total 8
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 3900 Sqft
Size Interior 3,900 Ft2
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Depth 142 Ft ,6 In
Size Frontage 20 Ft ,8 In
Size Irregular Bldg=20.72 X 142.5 Ft ; 20.72 X 144.41 X 24.46 X 142.52
Size Total Text Bldg=20.72 X 142.5 Ft ; 20.72 X 144.41 X 24.46 X 142.52
Zoning Description Cr3(c2;r2*1385)

https://www.realtor.ca/real-estate/27174661/566-queen-street-w-toronto-kensington-chinatown-kensington-chinatown

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