1456 Queen Street W, Toronto, Ontario M6K 1M2

Listed for:
$3,600,000
0 beds
4 baths
Listed 177 days ago
Residential Commercial Mix for rent: 1456 Queen Street W, Toronto, Ontario M6K 1M2

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Listing provided by:
RE/MAX REAL ESTATE CENTRE INC.
MLS® number:
W7318238
Agent:
Naveen Dua
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About

Exceptional Investment Opportunity In Prime Parkdale / Queen West Neighbourhood.Having 3-Storey Commercial/Residential Mixed-Use Property In The Heart Of The City Of Toronto.Fully Leased .Main Floor Retail Space Leased Since 2007 To Highly Acclaimed Restaurant In Down Town Toronto Which Has Taken The Full Building For Lease.Building Has 1 Bed Plus Living Room Apartment Of About 800 Sq Ft ,Bachelor Suite On Second Floor Ft And 3rd Floor Having 2 Bedroom Plus Living Room Apartment Of About 1150 Sq Feet All Having High Ceilings@@ High Potential Of Increasing Rental Output@@Rear Lane Connects Lansdowne Ave@@1 Car Parking At The Rear Of The Building@@ 1 Male And 1 Female Washrooms For The Restaurant Guest And Employees Washroom In Basement With Ample Storage Space,200 Amps Electrical Walking Access To Shops And Restaurants Of Queen West Short Stroll To The Lake. Queen Streetcar Line Outside The Door.@ Streetcar Line Outside The Door.@ **** EXTRAS **** @All Main Floor Chattels,Appliances Belongs To Tenant Of The Restaurant,Apartment Appliances As Seen On Second Floor And Third Floor Belongs To Seller,Newly Installed Fire Alarm System Inspection Report Attached,Gas Furnace 2016 3 Hwt@ (id:27476)

Property Highlights

Type
Residential Commercial Mix
Cooling type
Partially air conditioned
Heating fuel
Natural gas
Fireplace
No
Construction material
Parking space
1
Ownership Type
Amenities nearby
Highway, Public Transit

Location

Summary

Located in the sought-after Parkdale/Queen West neighborhood, this property presents an exceptional investment opportunity. The 3-storey commercial/residential mixed-use building is fully leased and boasts a main floor retail space that has been occupied by a highly acclaimed restaurant since 2007. The building also includes a 1-bedroom apartment on the main floor, a bachelor suite on the second floor, and a 2-bedroom apartment on the third floor, all with high ceilings. There is also a rear lane connecting to Lansdowne Ave and 1 car parking at the rear of the building.

The property offers convenient access to shops and restaurants along Queen West and is just a short stroll to the lake. Additionally, the Queen streetcar line is located right outside the door, providing easy access to public transportation.

For added convenience, the building includes 1 male and 1 female washroom for restaurant guests, as well as an employee washroom in the basement with ample storage space. The property also features 200 amps electrical and a newly installed fire alarm system. The gas furnace was installed in 2016 and there are 3 hot water tanks.

All main floor chattels and appliances belong to the restaurant tenant, while the apartment appliances on the second and third floors belong to the seller. The property is currently for sale and offers a land size of 16.58 x 120 FT. It is situated in the South Parkdale community of Toronto, Ontario, with a postal code of M6K1M2.

In total, the property includes 4 bathrooms and is partially air conditioned. It is classified as a residential commercial mix, making it a versatile and attractive investment opportunity in a prime location.

Street Spotlight - For sale