Don't miss this Queen St West diamond in the rough! Tremendous potential for development of multi-unit residential in a prime location on the future Ontario Line. A rare 4 storey building on the bustling Queen St strip, currently mixed use-restaurant/residential with a trusted long term commercial tenant in place. Main Floor restaurant is 2235 sq. ft. plus approximately 1800 sq. ft. basement, with AC, Sprinklers, lease in place until 2027. The Upper 2nd, 3rd & 4th floor are approximately 850 sq. ft per floor of residential with potential for 3-6 units. Upper floors are in original condition with a grand central staircase. Entire building has radiant heat, metal fire escapes and full washrooms on each floors. Lot is Approximately 20 ft x 120 ft, narrows in rear. This building has unlimited potential for investment, renovate for office or multi-unit residential in a prime location on the future Ontario Line in the heart of Queen West! **** EXTRAS **** Property is offered in AS-IS condition. New insulated entry door to residential installed 2024. (id:47423)
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Detailed Information
Lot
20 x 120 ft
Amenities Nearby
Public Transit
Listing Contract Date
2024-09-11
Location Description
Spadina Av
Property Type
Retail
Transaction Type
For sale
Zoning Description
CR3(c2;r2*1385)
Building
Cooling Type
Partially air conditioned
Heating Type
Radiant heat
Size (Exterior)
5000 square feet
Type
Residential Commercial Mix
Utility Water
Municipal water
Land
Total Size
Bldg=20 x 120 FT
Amenities
Public Transit
Size of Irregular Land
Bldg=20 x 120 FT
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