566 Queen Street Image 1

$2,650,000

Feb 25Store W Apt/Office For Sale
bedroomsbed
washrooms0bath
MLS - #C11987595

566 Queen Street, Toronto C01, ON M5V 2B5

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Average Price
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Property Description

Property type

Store W Apt/Office

Lot size

N/A

Style

Approx. Area

N/A

About 566 Queen Street

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-generating 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.

Home Overview

Last updated

4 days ago

Virtual tour

None

Basement information

Building size

3900

Status

In-Active

Property sub type

Store W Apt/Office

Maintenance fee

$N/A

Year built

--

Listed by ROYAL LEPAGE REAL ESTATE SERVICES KATY TORABI

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$10121.20/ month
$2,120,000 Principal and Interest
$2,544,000 Property Taxes

Location

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