1260 The Queensway N/A

LocationIslington-City Centre West, M8Z 1S2
$1.88M For Sale
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Description

Corner Commercial & Residential Building With 4 Apartments. Great Exposure, Banks & Car Dealerships, Dental Office & Drug Store Just Next Door. Major Route & Lots Of Traffic, Rapid Developing Area with lots of new Condos, Minutes To Ikea, Qew, Ttc To Subway, M/M Tenants Pay Hydro, Roof About 15 Yrs, Windows 10 Yrs, Owners Run Chinese Restaurant With Sit In (12 Seats, 5 Tables). Mostly Customers Pick Up, Very Profitable Business, Owners Retiring, Vacant Possession Of Restaurant. Price For Building + Restaurant Equipment (See Schedule "C"). Suitable For Any Other Business. Buyer To Assume Existing 4 Tenants. There are 3x4pc. & 1x3pc. Bathrooms and 2x2pc Washrooms. Basement with One Apartment and Separate Entrance. Rental Income from Four Apartments is $5,500/month. Restaurant Business $7,000-$8,000/week.

Features

  • Business Type
    Category: Hospitality/Food Related
  • Commercial Total Area
    Total Area: 2,960 sqft
  • Commercial Office Area
    Office Area: 1,898 sqft
  • Commercial Retail Area
    Retail Area: 664 sqft
  • Number of seats
    Seats: 12
  • Commercial Parking Spaces
    Total Parkings: 1
  • Commercial Parking Types
    Parking Types: Lane
  • Bathrooms
    Bathrooms: 6
  • Commercial Ceiling Heights
    Clear Heights: 6
  • Commercial Electrical Amps
    Electric Amps: 200

Details

  • Commercial Zoning
    Zoning: Commercial/Residential
  • Tax Amount
    Tax: $ 10,835
  • Alcohol Allowed
    Alcohol Allowed: N
  • MLS
    W13550506
  • Listing contracted with: TRADEWORLD REALTY INC

Transit Accessibility

Kipling Go Train Station (1.9km)

Location



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