Great Investment opportunity to own located at the heart of the "Queen West" neighborhood, one of Toronto's most desirable and dynamic iconic areas, featuring national retail tenants like Starbucks, subway, Scotiabank, TD bank, Tim Hortons and etc. The neighborhood seamlessly blends historic charm with modern developments, making it a desirable location for both living and investment. 20 feet frontage on Queen St W with basement and parking in garage in the back of the building. Current tenant pizza shop has a flexible lease term could stay or leave by notice. Spending $300K+ upgrades the building: New service for sprinkle system (2025), New Garage door(2025), New painting wall upstairs (2025), the electrical panels service 400Amps, New roof replaced( 2020), Installed new AC & Furnaces equipment (2019), Repiped Gas lines and gas blocks (2019). 3309 sq ft plus1482 sq ft basement for storage total 4790 sq ft
Address
230 Queen Street W
List Price
$3,680,000
MLS® Status
New
Expiration Date
2026-03-31
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
For Sale
Area
Toronto C01
Sub-Area
Kensington-Chinatown
Region
Toronto
Lot Depth
121.7
Lot Type
Building
Lot Size Units
Feet
Lot Width
20.03
Total Building Area
3309
Occupant Type
Tenant
Cross Street
Queen St W & Mccaul St
MLS® Number
C12038874
Listing Brokerage
CYPRO REALTY INC.
Postal Code
M5V 1Z6
Posession Details
TBD
Tax Amount
$77,479.93
Tax Year
2024
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Outside/Surface
Security Features
Yes