502 Queen St W

LocationKensington-Chinatown, M5V 2B3
$4.5M For Sale
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Description

Prime Queen Street West Restaurant Opportunity. Discover an exceptional turnkey restaurant opportunity in the heart of Toronto's highly sought-after Queen West neighborhood, ideally located between Spadina Avenue and Bathurst Street. The space is fully built out and professionally fitted as a turnkey restaurant, allowing an incoming operator to open with minimal additional investment. All owned equipment, fixtures, and essential restaurant infrastructure are included in the sale. The property has been exceptionally well maintained and features numerous upgrades over the years, including a full building sprinkler system and an upgraded gas line. Rear lane access offers convenient loading and servicing, enhancing day-to-day restaurant functionality. Current status: Leased through July 2027. The buyer must assume the tenant for the remaining lease term. Don't miss this chance to join one of Toronto's most vibrant and desirable commercial districts.

Features

  • Business Type
    Category: Hospitality/Food Related
  • Commercial Total Area
    Total Area: 3,070 sqft
  • Commercial Retail Area
    Retail Area: 3,070 sqft
  • Commercial Parking Types
    Parking Types: None

Details

  • Commercial Zoning
    Zoning: Central Business District Commercial
  • Tax Amount
    Tax: $ 48,000
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: Y
  • MLS
    C13704106
  • Listing contracted with: RE/MAX ACE REALTY INC.

Transit Accessibility

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

Location



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