Matthew Tenk
Broker of Record
414 Queen Street W Toronto (Kensington-Chinatown), Ontario M5V 2A7
$4,190,000
Don't miss this Queen St West diamond in the rough! Tremendous potential for development of multi-unit residential in a prime location on the future Ontario Line. A rare 4 storey building on the bustling Queen St strip, currently mixed use-restaurant/residential with a trusted long term commercial tenant in place. Main Floor restaurant is 2235 sq. ft. plus approximately 1800 sq. ft. basement, with AC, Sprinklers, lease in place until 2027. The Upper 2nd, 3rd & 4th floor are approximately 850 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 in a prime location on the future Ontario Line in the heart of Queen West! **** EXTRAS **** Property is offered in AS-IS condition. New insulated entry door to residential installed 2024. (id:39551)
Property Details
| MLS® Number | C9347152 |
| Property Type | Retail |
| Community Name | Kensington-Chinatown |
| Amenities Near By | Public Transit |
Building
| Cooling Type | Partially Air Conditioned |
| Fireplace Present | No |
| Heating Type | Radiant Heat |
| Size Exterior | 5000 Sqft |
| Size Interior | 5000 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 120 Ft |
| Size Frontage | 20 Ft |
| Size Irregular | Bldg=20 X 120 Ft |
| Size Total Text | Bldg=20 X 120 Ft |
| Zoning Description | Cr3(c2;r2*1385) |
Interested?
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Toronto Real Estate Board
Crescent Real Estate Inc.
September 13 2024 03:59:52
