For Sale

566 Queen Street, Toronto (Kensington-Chinatown), Ontario M5V2B5

$3,470,000

566 Queen Street, Toronto (Kensington-Chinatown), Ontario M5V2B5 is For Sale and has a listing price of 3,470,000. The property is located in the Alexandra Park neighbourhood. It's been on the website for 12 Days.

  • Retail
    Property Type
  • Residential Commercial Mix
    Building Type
  • 9
    Bathrooms
  • MLS ID: C11888733
  • Office Name HOMELIFE LANDMARK REALTY INC.
Property Description

Located in a prime location on Queen St. West, this property offers a unique opportunity for both end users and investors. The property features:Main Floor: Fully designed and equipped as a bar and restaurant, ready for immediate operation. The space includes nearly new equipment in excellent condition and a valid liquor license.Second Floor: Features three fully renovated one-bedroom units, ideal for rental income or staff accommodations.Roof: 2018. Basement: Full basement available for storage or additional use.This turn-key property underwent extensive renovations in 2018 and provides a perfect blend of operational readiness and investment potential. A must-see don’t miss this incredible opportunity! All measurements and information must be verified by the buyer and their representative. **** 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:43137)

Property Details
  • MLS ID: C11888733
  • Bathrooms: 9
  • Price: $3,470,000
  • Transaction Types: For Sale
  • Ref ID: 27728971
  • Year Built: N/A
  • Building Type: Residential Commercial Mix
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
12/11/2024 C11888733 $3,470,000 For Sale - -
08/13/2024 C9251583 $16,000 For Rent - -
08/13/2024 C9251581 $13,000 For Rent - -
07/16/2024 C9040002 $22,000 For Rent - -
07/16/2024 C9039999 $3,988,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Alexandra Park
  • $1,016,794 Average List Price
    based on 1 year
  • 18 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.95 % Below
  • Sold (12mo) 17
  • Rented (12mo) 63

  • 1 Month Change +116.1%
  • 3 Month Change +117.0%
  • 6 Month Change +58.8%
Walkscore
  • 100 Walk Score
    Walker's Paradise
  • 100 Transit Score
    Rider's Paradise
  • 99 Bike Score
    Biker's Paradise
Property Type Distribution
  • All Houses
    28.76%
  • Commercial
    25.55%
  • Condo
    45.69%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 11/12/2024 00:00:00
  • Zoning Rd1
  • Agent Name: MOHSEN MORTAZAVI
  • Last Updated: 11/12/2024 13:08:43
Open House Dates
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