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512 Queen Street W, Toronto, ON M5V 2B3

Toronto C01, ON, M5V 2B3 · Kensington-Chinatown

4 Baths
Sq Ft
Commercial Retail Type
C11885935 MLS#

About this property

*** 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.

Features & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Gas Forced Air Open
  • Sewer: Septic Available

Property Details

Property Type Commercial
Property Sub-Type Commercial Retail
Bathrooms 4
Garage None
Heat Type Gas Forced Air Open
Cooling Yes
Sewer Septic Available
Annual Tax $42,284
Tax Year 2024

Building & Construction

Approximate Age
100+
Building Area Total
5819

Heating & Cooling

Heat Type
Gas Forced Air Open
Cooling
Yes

Parking & Garage

Garage Type
None
Parking Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
141.14
Lot Width
15.75

Community & Neighborhood

Community Features
Public Transit, Subways

Financial & Tax

Tax Annual Amount
$42,284
Tax Year
2024
Tax Assessed Value
$2,199,000
Possession Details
Negotiable

Utilities & Services

Sewer
Septic Available
Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Toronto
Cross Street
Queen St W at Portland St.
Showing Requirements
See Brokerage Remarks

Location

512 Queen Street W, Toronto, ON M5V 2B3, Toronto C01, ON, M5V 2B3

Listing courtesy of EASY LIST REALTY LTD.
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