1260 The Queensway, Toronto, ON M8Z 1S2

$1,880,000

6 Bathrooms
Commercial Retail
MLS® W13550506

Listing Brokerage: TRADEWORLD REALTY INC

Description

Corner Commercial & Residential Building With 4 Apartments. Great Exposure, Banks & Car Dealerships, Dental Office & Drug Store Just Next Door. Major Route & Lots Of Traffic, Rapid Developing Area with lots of new Condos, Minutes To Ikea, Qew, Ttc To Subway, M/M Tenants Pay Hydro, Roof About 15 Yrs, Windows 10 Yrs, Owners Run Chinese Restaurant With Sit In (12 Seats, 5 Tables). Mostly Customers Pick Up, Very Profitable Business, Owners Retiring, Vacant Possession Of Restaurant. Price For Building + Restaurant Equipment (See Schedule "C"). Suitable For Any Other Business. Buyer To Assume Existing 4 Tenants. There are 3x4pc. & 1x3pc. Bathrooms and 2x2pc Washrooms. Basement with One Apartment and Separate Entrance. Rental Income from Four Apartments is $5,500/month. Restaurant Business $7,000-$8,000/week.

Property details

MLS® number: W13550506
Transaction: For Sale
Property type: Commercial
Style / use: Commercial Retail
Community: Islington-City Centre West
City: Toronto W08
Bathrooms: 6
Building area: 2996 Square Feet
Lot width: 19.83 Feet
Lot depth: 98.39 Feet
Heating: Gas Hot Water
Cooling: No
Garage: Lane
Taxes: $10,835.09
Tax year: 2025
Business type: Hospitality/Food Related
Office area: 1934
Retail area: 700
Clear height (ft): 6
Listing brokerage: TRADEWORLD REALTY INC

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