1378 Queen St. W - Storefront Retail/Residential FOR SALE


Toronto, ON M6K 1L7- Roncesvalles
$2,750,000 CAD
437-476-3417
1378 Queen St. W, Toronto, ON for Sale
$2,750,000 CAD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

1378 Queen St. W
Toronto, ON M6K 1L7
Roncesvalles


HIGHLIGHTS

  • Short walk from Liberty Village
  • Historic building includes 2 apartments and a restaurant with liquor license

OVERVIEW

A part of Toronto's history selling as a real estate investment property that has been 100% leased to one Tenant. Good asset to purchase today in a growing area! The property has one large commercial unit retrofitted as a bar and restaurant that has an existing AGCO liquor license, and two large residential apartments on second and third levels. Property is located on the same block of planned mid-rise development, another one directly across the street and number of other currently under construction projects in the area. Perfect timing for investing in this hidden gem neighbourhood as city's popular businesses are moving in! South of the subject property lie community institutional uses including a public library, community centre, restaurants, coffee shops, barber shops and hair salons and retailbusinesses.15-30 minutes Walk to Liberty Village, CANADA's National Exhibition "CNE" Grounds, Toronto West waterfront, 24-hour TTC Queen West route. Located near Metrolinx rail corridor with new Exhibition station just south east 10-15 minutes walk. This historic brick building with Commercial AGCO liquor license restaurant and 2 apartments above is a good addition for buyers looking for an asset to add to their urban real estate portfolio for diversification and asset growth.

FOR SALE DETAILS

PRICE

$2,750,000 CAD

PRICE/SF

$609 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1889

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CR2.5

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Larissa KlepatchToronto Real Estate BrokerageMore Info
437-476-3417

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Larissa KlepatchToronto Real Estate BrokerageMore Info
437-476-3417

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.