Toronto, 566 Queen Street W - For Sale, $3,350,000

$3,350,000 Sale

Listed 86 days ago

566 Queen Street W

MLS® c11987595 Store W Apt/Office

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Beds · 0

Baths · 0

Parking · 4

Sqft · -

Est. mortgage

$12,709/mo

Property Taxes

$36,870.94/yr

Key Facts

Key facts for 566 Queen Street W

Property Type

Commercial

Parking

Outside/Surface , 4 parking

MLS #

C11987595

Size

Basement

Listed on

2025-02-25

Lot size

21 x 144.41

Tax

$36,870.94 /yr

Days on Market

Approximate Age

Maintenance Fee

Description

Prime Queen St. West Property - Turnkey Bar & Restaurant with Renovated Apartments Located in the heart of Queen St. West, this exceptional property offers a rare opportunity for both end-users and savvy investors. Whether you're looking to operate your own business or secure a long-term income-gene...rating asset, this space checks all the boxes. Main Floor Fully designed and equipped bar and restaurant, ready for immediate operation. Nearly new, high-quality kitchen and bar equipment in excellent condition. Valid liquor license included, making this space a ready-to-go business. Second Floor Three newly renovated one-bedroom units with separate entrance door on Queen St , perfect for rental income or staff accommodations. Additional Features Roof replaced in 2017.Full Basement available for storage or expansion. New Mitsubishi double-head heat pumps for each of the three second-floor units. HVAC System tailored for the restaurant.5 separate hydro meters for efficient management of utilities. This turn-key property underwent extensive renovations in 2018, providing a perfect balance of operational readiness and long-term investment potential. Don't miss this incredible opportunity to own a piece of one of Toronto's most sought-after neighbourhoods.

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Full Property Details

Interior

Washrooms

Heating Fuel

Gas Forced Air Closed

Air Conditioning

Yes

Washrooms

Heating Fuel

Gas Forced Air Closed

Air Conditioning

Yes

Exterior

Depth

144.41

Front

20.72

Lot Size

21 x 144.41 ft

Parking Spaces

Total Parking Spaces

Parking Description

Outside/Surface

Garage Spaces

Zoning

CR3 (c2;r2*1385)

Depth

144.41

Front

20.72

Lot Size

21 x 144.41 ft

Parking Spaces

Total Parking Spaces

Parking Description

Outside/Surface

Garage Spaces

Zoning

CR3 (c2;r2*1385)

Building Description

Home Type

Commercial

Subtype

Store W Apt/Office

Sewers

None

Water Supply

Municipal

Possession Date

No Data

Home Type

Commercial

Subtype

Store W Apt/Office

Sewers

None

Water Supply

Municipal

Possession Date

No Data

Community

Kensington-Chinatown

Community

Kensington-Chinatown

Taxes & Fees

Taxes

$36,870.94 /yr

Tax Year

2024

Occupancy

Vacant

Taxes

$36,870.94 /yr

Tax Year

2024

Occupancy

Vacant

Other

Virtual Tour Link

https://www.winsold.com/tour/389694

Virtual Tour Link

https://www.winsold.com/tour/389694

Sandy Soldera

Email: [email protected] Cell: 416-988-0042