2006 Queen St E - Storefront Retail/Residential FOR SALE


Toronto, ON M4L 1J3
$2,299,999 CAD
844-447-5512
2006 Queen St E, Toronto, ON for Sale
$2,299,999 CAD
Storefront Retail/Residential - FOR SALE
1/7
null | 5.8% Cap Rate

2006 Queen St E
Toronto, ON M4L 1J3


HIGHLIGHTS

  • Easy access to the Don Valley Parkway, Gardiner Expressway & Lakeshore Boulevard
  • Directly serviced by streetcar along Queen Street E and proximity to multiple TTC routes including future planned Riverside-Leslieville transit stati
  • Abundant area amenities including restaurants, cafes, shopping, parks and trails
  • 5.8% CAP Rate

OVERVIEW

Street-front retail & office investment or Owner Occupier property on Queen St.E in the heart of The Beaches. Property consists of main floor restaurant occupied by the original Sunset Grill & 7 office units above (all tenants month to month). Great income producing asset with upside & flexibility. Abundant area amenities, adjacent to Kew Gardens. 5.8% Cap Rate. Directly serviced by streetcar. Significant redevelopment in the area. Zoning permits a variety of uses including: residential, office & retail. Neighbouring retailers include A&W & Tim Hortons. **A $50,000 bonus fee will be paid to the coop broker upon successful closing of an APS before February 21, 2025**

FOR SALE DETAILS

PRICE

$2,299,999 CAD

PRICE/SF

$469 CAD /SF

CAP RATE

5.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

MCR

APN/PARCEL ID

190409306011400

ASK ABOUT THIS PROPERTY

Adam BronsonLennard Commercial RealtyMore Info
844-447-5512

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Adam BronsonLennard Commercial RealtyMore Info
844-447-5512

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