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502 Queen Street W, Toronto, ON M5V 2B3

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

— Sq Ft
Commercial Retail Type
C13704106 MLS#

About this property

Prime Queen Street West Restaurant Opportunity. Discover an exceptional turnkey restaurant opportunity in the heart of Toronto's highly sought-after Queen West neighborhood, ideally located between Spadina Avenue and Bathurst Street. The space is fully built out and professionally fitted as a turnkey restaurant, allowing an incoming operator to open with minimal additional investment. All owned equipment, fixtures, and essential restaurant infrastructure are included in the sale. The property has been exceptionally well maintained and features numerous upgrades over the years, including a full building sprinkler system and an upgraded gas line. Rear lane access offers convenient loading and servicing, enhancing day-to-day restaurant functionality. Current status: Leased through July 2027. The buyer must assume the tenant for the remaining lease term. Don't miss this chance to join one of Toronto's most vibrant and desirable commercial districts.

Features & Amenities

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

Property Details

Property Type Commercial
Property Sub-Type Commercial Retail
Garage None
Heat Type Gas Forced Air Open
Cooling Yes
Sewer Storm Available
Annual Tax $48,000
Tax Year 2025

Building & Construction

Building Area Total
3070

Heating & Cooling

Heat Type
Gas Forced Air Open
Cooling
Yes
Cooling
Yes
Heating
Yes

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Units
Feet
Lot Depth
122.00
Lot Width
15.18

Financial & Tax

Tax Annual Amount
$48,000
Tax Year
2025
Possession Type
Flexible
Possession Details
Flex

Utilities & Services

Sewer
Storm Available
Utilities
Available

Room Details

Rooms Total
0

Additional Details

Occupant Type
Tenant
County Or Parish
Toronto
Cross Street
Queen/Portland
Directions
Queen/Portland
Showing Requirements
Showing System, List Salesperson

Location

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

Listing courtesy of RE/MAX ACE REALTY INC.
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