Don't miss this Queen St West diamond in the rough! Tremendous potential for development of multi-unit residential in a prime location on the future Ontario Line. A rare 4 storey building on the bustling Queen St strip, currently mixed use-restaurant/residential with a trusted long term commercial tenant in place. Main Floor restaurant is 2235 sq. ft. plus approximately 1800 sq. ft. basement, with AC, Sprinklers, lease in place until 2027. The Upper 2nd, 3rd & 4th floor are approximately 850 sq. ft per floor of residential with potential for 3-6 units. Upper floors are in original condition with a grand central staircase. Entire building has radiant heat, metal fire escapes and full washrooms on each floors. Lot is Approximately 20 ft x 120 ft, narrows in rear. This building has unlimited potential for investment, renovate for office or multi-unit residential in a prime location on the future Ontario Line in the heart of Queen West! |
Extras: Property is offered in AS-IS condition. New insulated entry door to residential installed 2024. |
Price | $4,190,000 |
Taxes: | $36384.89 |
Tax Type: | Annual |
Occupancy by: | Own+Ten |
Address: | 414 Queen St West , Toronto, M5V 2A7, Ontario |
Postal Code: | M5V 2A7 |
Province/State: | Ontario |
Lot Size: | 20.00 x 120.00 (Feet) |
Directions/Cross Streets: | Spadina Av |
Category: | Store With Apt/Office |
Building Percentage: | Y |
Total Area: | 5000.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 2500 |
Office/Appartment Area Code: | Sq Ft |
Retail Area: | 2500 |
Retail Area Code: | Sq Ft |
Area Influences: | Public Transit Subways |
Approximatly Age: | 100+ |
Franchise: | N |
Sprinklers: | Part |
Heat Type: | Radiant |
Central Air Conditioning: | Part |
Elevator Lift: | None |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
CRESCENT REAL ESTATE INC. |
|
Book Showing | Email a Friend |
Type: | Com - Store W/Apt/Office |
Area: | Toronto |
Municipality: | Toronto |
Neighbourhood: | Kensington-Chinatown |
Lot Size: | 20.00 x 120.00(Feet) |
Approximate Age: | 100+ |
Tax: | $36,384.89 |