1096 Queen St W - Storefront FOR SALE


Toronto, ON M6J 1H9- Dufferin Grove/Little Portugal
$5,950,000 CAD
416-849-5360
1096 Queen St W, Toronto, ON for Sale
$5,950,000 CAD
Storefront - FOR SALE
1/5
null | 5% Cap Rate


OVERVIEW

Experience a carefree investment opportunity with incredible potential! This property boasts a prime location on Queen West, featuring 33 ft. of frontage and 100 ft. of depth. The main floor spans 3,300 sq. ft. with impressive 18 ft. ceilings, while the second floor offers 2,300 sq. ft. Additionally, there's a 1,000 sq. ft. reinforced roof deck, ideal for various uses. Currently fully leased to successful hospitality tenants, it generated a net income of $235,365.00 in 2020, with lease escalations in place. Tax expenses for 2020 amounted to $33,887.62. Situated just west of Dovercourt Road, in one of the trendiest neighborhoods, as highlighted by Vogue Magazine, this property presents an exceptional investment opportunity.

FOR SALE DETAILS

PRICE

$5,950,000 CAD

PRICE/SF

$902 CAD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CR

APN/PARCEL ID

190404226009020

ASK ABOUT THIS PROPERTY

Stephen MurphyCentury 21 Regal RealtyMore Info
416-849-5360

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Stephen MurphyCentury 21 Regal RealtyMore Info
416-849-5360

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