502 Queen Street W,Toronto (Kensington-Chinatown), ON M5V2B3
Toronto (Kensington-Chinatown), ON M5V2B3
Description
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. (id:13843)
Details
| MLS # | C13704106 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 78 |
| Listing Provided By | RE/MAX ACE REALTY INC. | PRATHEEP KUMARIAH |
Features
| SQ Feet | 3,070 |
|---|---|
| Zoning | CR3(c2;r2*1385) |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 48000 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Toronto (Kensington-Chinatown) |
| Postal Code | M5V2B3 |
| Listing VS Median (in M5V2B3) | |
Price: $4,500,000 low | high Med: $3,825,000 sqft: 3,070 low | high Med: 4,445 $ / sqft: $1,466 low | high Med: $1,004 On site: 78 low | high Med: 389 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (Kensington-Chinatown) |
| Postal Code | M5V2B3 |
| Listing VS Median (in M5V2B3) | |
Price: $4,500,000 low | high Med: $3,825,000 sqft: 3,070 low | high Med: 4,445 $ / sqft: $1,466 low | high Med: $1,004 On site: 78 low | high Med: 389 | |
