Commercial/Retail for sale at 512 Queen Street, Toronto, Ontario, M5V 2B3 - Kensington-Chinatown - MLS: C11885935

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512 Queen Street

Toronto, Ontario, M5V 2B3 - Kensington-Chinatown

$3,300,000

Neighbourhood

Kensington-Chinatown
Major Intersection

Queen St W at Portland St.

Listed Since: 357 day(s)
Last update: today

Overview

Property Type

Commercial/Retail, Retail
Bedrooms

n/a
Bathrooms

4
Basement

Y
Kitchen

n/a
Total Parking

n/a
Lot Size

15.75x141.14 (Feet)
Taxes

$42,284.47 (2024)
Type

Commercial

Property Description

Property description for 512 Queen Street, Toronto

For more information, please click Brochure button. 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.

Listed by EASY LIST REALTY LTD.

Property details

MLS #

C11885935
Sq. Ft

5819
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

100+
Pool

n/a
Drive

n/a
Garage

None
Total Parking

0
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

None
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Open
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

Septic Avail
Central Vac

n/a

MLS #

C11885935
Sq. Ft

5819
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

100+
Pool

n/a
Drive

n/a
Garage

None
Total Parking

0
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

None
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Open
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

Septic Avail
Central Vac

n/a

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 512 Queen Street, Toronto

This property has been sold 2 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

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