Milad Akrami
Sales Representative
Soltanian Real Estate, Brokerage
Independently owned and operated.
175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9
Cell: 647-678-7799Office: 647-678-7799
$3,988,000
Available - For Sale
Listing ID: C9039999
566 Queen St West , Toronto, M5V 2B5, Ontario
| 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. |
| Price | $3,988,000 |
| Taxes: | $36870.94 |
| Tax Type: | Annual |
| Occupancy by: | Vacant |
| Address: | 566 Queen St West , Toronto, M5V 2B5, Ontario |
| Postal Code: | M5V 2B5 |
| Province/State: | Ontario |
| Legal Description: | PT PARKLT 18 CON 1 FTB TWP OF YORK AS IN |
| Lot Size: | 20.72 x 142.50 (Feet) |
| Directions/Cross Streets: | Queen and Bathurst |
| Category: | Store With Apt/Office |
| Building Percentage: | Y |
| Total Area: | 3900.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 1900 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 2000 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Approximatly Age: | 31-50 |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | N |
| LLBO: | Y |
| Sprinklers: | N |
| Washrooms: | 8 |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| HOMELIFE LANDMARK REALTY INC. |
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Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
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At a Glance:
| Type: | Com - Store W/Apt/Office |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Kensington-Chinatown |
| Lot Size: | 20.72 x 142.50(Feet) |
| Approximate Age: | 31-50 |
| Tax: | $36,870.94 |
| Baths: | 8 |
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