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Home ON Greater Toronto Area Toronto Old Toronto Alexandra Park
512 QUEEN STREET W
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512 QUEEN STREET W $3,800,000
$3,800,000
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512 QUEEN STREET W
Toronto (Kensington-Chinatown), Ontario M5V2B3

MLS® Number: C11885935
4
Bathrooms
5819
Square Feet

Listing Description

For more information, please click Brochure button. 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. (39608577)

Location Description

Queen St W at Portland St.

Property Summary

Property Type
Retail
Square Footage
5819 sqft
Community Name
Kensington-Chinatown
Land Size
Bldg=15.75 x 141.14 FT
Annual Property Taxes
$42,284.47
Time on REALTOR.ca
10 days

Building

Bathrooms
Total
4
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Business
Business Name
Bar Karma
Neighbourhood Features
Amenities Nearby
Public Transit

Measurements

Square Footage
5819 sqft
Exterior Building Size
5819 sqft

Land

Lot Features
Frontage
15 ft ,9 in
Land Depth
141 ft ,1 in
Other Property Information
Zoning Description
CR3
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
SOPHIE ALEGRA GITERMAN