512 Queen St W

LocationKensington-Chinatown, M5V 2B3
$3.6M For Sale
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Description

For more information, please click Brochure button. This 3 storey Victorian property is located on the preferred north side and at the heart of trendy Queen St West. It sits between Spadina Ave and Bathurst St at the top of Portland St., and is across the street from Loblaws and Joe Fresh. The building has 15.75ft of prime frontage with high ceilings. A successful restaurant/bar business has operated here for at least 6 decades and the building features 2 floors with 3 licensed rooms and 2 licensed patios. Public washrooms are in the basement. The 3rd floor has 3 offices and a washroom. The total usable size of the property is 5,819 sq./ft. including the patios and basement. This property will be highly attractive to investors due to its stable and reliable potential income, attractive location, and huge foot traffic in the area. The area is well served by TTC streetcar lines on both Queen and Bathurst streets and the upcoming Ontario Subway Line with a stop at Queen and Spadina. The property was renovated in the early 1980's and the front facade was restored in 2008 in accordance with requirements of the Toronto Historical Board. The building has a liquor licence for 133 people.

Features

  • Business Type
    Category: Hospitality/Food Related
  • Commercial Total Area
    Total Area: 5,819 sqft
  • Commercial Retail Area
    Retail Area: 5,819 sqft
  • Number of seats
    Seats: 133
  • Commercial Parking Types
    Parking Types: None
  • Bathrooms
    Bathrooms: 4
  • Commercial Ages
    Property Age: 100+
  • Commercial Ceiling Heights
    Clear Heights: 11
  • Commercial Electrical Amps
    Electric Amps: 200

Details

  • Commercial Zoning
    Zoning: Cr3 (C2;R2.5)
  • Tax Amount
    Tax: $ 42,284
  • Business Hour
    Business Hours: 6pm-2am
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: Y
  • Commercial Features
    Features: Public Transit, Subways
  • MLS
    C11885935
  • Listing contracted with: EASY LIST REALTY LTD.

Transit Accessibility

Osgoode Subway Station (1.2km)
Union Go Train Station (1.7km)

Location