*** Visit the REALTOR website for further information about this Listing *** This 3 storey Victorian property is located on the preferred north side and at the heart of trendy Queen St West. It sits between Spadina Ave and Bathurst St at the top of Portland St., and is across the street from Loblaws and Joe Fresh. The building has 15.75ft of prime frontage with high ceilings. A successful restaurant/bar business has operated here for at least 6 decades and the building features 2 floors with 3 licensed rooms and 2 licensed patios. Public washrooms are in the basement. The 3rd floor has 3 offices and a washroom. The total usable size of the property is 5,819 sq./ft. including the patios and basement. This property will be highly attractive to investors due to its stable and reliable potential income, attractive location, and huge foot traffic in the area. The area is well served by TTC streetcar lines on both Queen and Bathurst streets and the upcoming Ontario Subway Line with a stop at Queen and Spadina. The property was renovated in the early 1980's and the front facade was restored in 2008 in accordance with requirements of the Toronto Historical Board. The building has a liquor licence for 133 people. (id:13843)
| MLS # | C11885935 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 687 |
| Listing Provided By | EASY LIST REALTY LTD. | SOPHIE ALEGRA GITERMAN |
| Bath(s) | 4 Total |
|---|---|
| SQ Feet | 5,819 |
| Zoning | CR3 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 42284.47 |
|---|---|
| Tax Year | 2024 |
| Province | ON |
|---|---|
| City | Toronto (Kensington-Chinatown) |
| Postal Code | M5V2B3 |
| Listing VS Median (in M5V2B3) | |
Price: $3,150,000 low | high Med: $3,825,000 sqft: 5,819 low | high Med: 4,445 $ / sqft: $541 low | high Med: $1,004 On site: 687 low | high Med: 376 | |
| Province | ON |
|---|---|
| City | Toronto (Kensington-Chinatown) |
| Postal Code | M5V2B3 |
| Listing VS Median (in M5V2B3) | |
Price: $3,150,000 low | high Med: $3,825,000 sqft: 5,819 low | high Med: 4,445 $ / sqft: $541 low | high Med: $1,004 On site: 687 low | high Med: 376 | |