512 Queen Street W, Toronto
1 / 17
For Sale
$3,150,000
0 bd · 4 ba

512 Queen Street W, Toronto M5V 2B3

MLS®# C11885935

Est. mortgage
$11,950/mo
Property taxes $42,284.47/yr

About This Home

Property Type
Commercial, Commercial Retail
Parking
None
MLS #
C11885935
Listed on
2024-12-08
Lot size
16 x 141.14
Tax
$42,284.47 /yr
Days on Market
704
Approximate Age
100+
*** Visit the REALTOR website for further information about this Listing *** 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.

Property Details

Full Property Details

General

Business Type
Hospitality/Food Related
Retail Area
5819.00 Sq Ft
Total Area
5819.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-

Interior

Washrooms
4
Heating Fuel
Gas Forced Air Open
Air Conditioning
Yes

Exterior

Depth
141.14
Front
15.75
Lot Size
16 x 141.14 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
CR3

Building Description

Home Type
Commercial
Subtype
Commercial Retail
Year Built
100+
Sewers
Septic Available
Water Supply
Municipal
Possession Date
No Data

Community

Community
Kensington-Chinatown

Taxes & Fees

Taxes
$42,284.47 /yr
Tax Year
2024
Occupancy
Tenant
Mark Barbosa
Mark Barbosa
Century 21 In-Studio Realty Inc., Brokerage
702 days on site
Listing Broker
EASY LIST REALTY LTD.
Courtesy
EASY LIST REALTY LTD.
Listed Date
12/8/2024

Courtesy of PropTx MLS® / EASY LIST REALTY LTD.

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