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Home ON Greater Toronto Area Toronto Old Toronto Alexandra Park
566 QUEEN STREET W
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566 QUEEN STREET W $1
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566 QUEEN STREET W
Toronto (Kensington-Chinatown), Ontario M5V2B5

MLS® Number: C11987595

Listing Description

Prime Queen St. West Property - Turnkey Bar & Restaurant with Renovated Apartments Located in the heart of Queen St. West, this exceptional property offers a rare opportunity for both end-users and savvy investors. Whether you're looking to operate your own business or secure a long-term income-generating asset, this space checks all the boxes. Main Floor Fully designed and equipped bar and restaurant, ready for immediate operation. Nearly new, high-quality kitchen and bar equipment in excellent condition. Valid liquor license included, making this space a ready-to-go business. Second Floor Three newly renovated one-bedroom units with separate entrance door on Queen St , perfect for rental income or staff accommodations. Additional Features Roof replaced in 2017.Full Basement available for storage or expansion. New Mitsubishi double-head heat pumps for each of the three second-floor units. HVAC System tailored for the restaurant.5 separate hydro meters for efficient management of utilities. This turn-key property underwent extensive renovations in 2018, providing a perfect balance of operational readiness and long-term investment potential. Don't miss this incredible opportunity to own a piece of one of Toronto's most sought-after neighbourhoods. (39938288)

Location Description

Queen and Spadina Ave

Property Summary

Property Type
Retail
Building Type
Residential Commercial Mix
Community Name
Kensington-Chinatown
Land Size
20.72 x 144.41 FT ; PIES OUT TO 24.46, 142.52 ON WEST
Annual Property Taxes
$36,870.94
Total Parking Spaces
4
Time on REALTOR.ca
31 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Total Parking Spaces
4

Measurements

Square Footage
3900 sqft

Land

Lot Features
Frontage
20 ft ,8 in
Land Depth
144 ft ,4 in
Other Property Information
Zoning Description
CR3 (c2;r2*1385)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
KATY TORABI