242 Queen St W

LocationKensington-Chinatown, M5V 1Z7
$3.399M For Sale
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Description

Landmark END-USER / INVESTMENT opportunity along most prime stretch of acclaimed Queen St. W. Retail leased to Dragon Vape, one of Canadas largest e-cig suppliers, secured w/ corp covenant via wholesale ops. Option for vacant possession of retail on closing for end user. Direct sightlines to Bell Media HQ for rare on-air visibility & strong foot traffic. Previously leased to John Fluevog & Wine Rack @ premium rents. Upper levels have two large semi-attached 3-bed apts (3rd flr via 2nd flr corridor) w/ stable mo-to-mo tenants + roof decks/patios. Flexibility to reconfigure + increase rents. Bonus high & dry basement (not in SF), large rear parking + dbl-door shipping. All leases under market w/ near-term value-add at a great going in price point.

Features

  • Business Type
    Category:
  • Commercial Total Area
    Total Area: 3,870 sqft
  • Commercial Office Area
    Office Area: 2,300 sqft
  • Commercial Retail Area
    Retail Area: 1,570 sqft
  • Commercial Parking Types
    Parking Types: Lane
  • Vehicle Capacity
    Vehicle Capacity: 1

Details

  • Commercial Zoning
    Zoning: Central Business District Commercial
  • Tax Amount
    Tax: $ 40,125
  • Alcohol Allowed
    Alcohol Allowed: N
  • MLS
    C9385881
  • Listing contracted with: CUSHMAN & WAKEFIELD

Transit Accessibility

Osgoode Subway Station (0.3km)
Union Go Train Station (1km)

Location