Status
For Sale
Price
$3,299,000
Category
Commercial
Size
5,000 SF
Baths
5
Neighbourhood
Kensington-Chinatown, Toronto
Address
414 Queen Street W, Toronto, ON
About this listing
Don't miss this Historical 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 840 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. Property is offered in AS-IS condition. New insulated entry door to residential installed 2024.
Listing courtesy of CRESCENT REAL ESTATE INC., distributed via CREA’s REALTOR.ca® Data Distribution Facility. Gitalis Real Estate is not the listing brokerage, we’re happy to represent you as your agent on this property.
