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. (id:4069)
| Address |
566 QUEEN STREET W |
| List Price |
$3,988,000 |
| Property Type |
Retail |
| Type of Dwelling |
Residential Commercial Mix |
| Area |
Ontario |
| Sub-Area |
Toronto (kensington Chinatown) |
| Bathrooms |
8 |
| Floor Area |
3,900 Sq. Ft. |
| Lot Size |
Bldg=20.72 x 142.5 FT ; 20.72 x 144.41 x 24.46 x 142.52 Sq. Ft. |
| MLS® Number |
C9039999 |
| Listing Brokerage |
HOMELIFE LANDMARK REALTY INC.
|
| Postal Code |
M5V2B5 |
| Zoning |
CR3(c2;r2*1385) |
| Site Influences |
Public Transit |
| Features |
Irregular lot size |
