414 QUEEN STREET W, Toronto (Kensington-Chinatown), Ontario, M5V2A7

Property Description

Don't miss this Historical Queen St West diamond in the rough! Tremendous potential for development of multi-unit residential in a primelocationon the future Ontario Line. A rare 4 storey building on the bustling Queen St strip, currently mixed use-restaurant/residential with atrusted longterm commercial tenant in place. Main Floor restaurant is 2235 sq. ft. plus approximately 1800 sq. ft. basement, with AC, Sprinklers, lease inplace 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 inaprime 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. (id:64974)

Quick Facts

• Property Type: Residential Commercial Mix
• Bedrooms: None
• Bathrooms: 5
• Living Area: 5,000 sq ft (464.5 m²)
• Frontage: 20 ft (6.1 m)

Costs

• Annual Taxes: $36,402.47

Listing Provided by: CRESCENT REAL ESTATE INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.