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Aloysius Okafor

Sales Representative
CENTURY 21 Paramount Realty Inc., Brokerage Independently owned and operated. 8550 Torbram Rd Unit 4, Brampton, Ontario L6T5C8 Cell: 647-890-0712Office: 905-799-7000Fax: 905-799-7001

$3,470,000
Available - For Sale
Listing ID: C11888733
566 Queen St West , Toronto, M5V 2B5, Ontario


Located in a prime location on Queen St. West, this property offers a unique opportunity for both end users and investors. The property features:Main Floor: Fully designed and equipped as a bar and restaurant, ready for immediate operation. The space includes nearly new equipment in excellent condition and a valid liquor license.Second Floor: Features three fully renovated one-bedroom units, ideal for rental income or staff accommodations.Roof: 2018. Basement: Full basement available for storage or additional use.This turn-key property underwent extensive renovations in 2018 and provides a perfect blend of operational readiness and investment potential. A must-see don't miss this incredible opportunity! All measurements and information must be verified by the buyer and their representative.
Extras:   The liquor license and all the restaurant equipment and chattels are included. 3 separate new Mitsubishi double-head heat pumps for each unit on the second floor. HVAC system for the restaurant. 5 separate hydro meter.
Price $3,470,000
Taxes: $36870.94
Tax Type: Annual
Occupancy by: Vacant
Address: 566 Queen St West , Toronto, M5V 2B5, Ontario
Postal Code: M5V 2B5
Province/State: Ontario
Legal Description: PT PARKLT 18 CON 1 FTB TWP OF YORK AS IN
Lot Size: 20.72 x 142.50 (Feet)
Directions/Cross Streets: Queen and Bathurst
Category: Store With Apt/Office
Building Percentage: Y
Total Area: 3900.00
Total Area Code:  Sq Ft
Office/Appartment Area: 1900
Office/Appartment Area Code: Sq Ft
Retail Area: 2000
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Approximatly Age: 31-50
Financial Statement: N
Chattels: Y
Franchise: N
LLBO: Y
Sprinklers: N
Washrooms: 9
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE LANDMARK REALTY INC.
Personal Picture
Aloysius Okafor
Sales Representative
Dir:
647-890-0712
Bus:
905-799-7000
Fax:
905-799-7001
 
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At a Glance:
Type: Com - Store W/Apt/Office
Area: Toronto
Municipality: Toronto
Neighbourhood: Kensington-Chinatown
Style:
Lot Size: 20.72 x 142.50(Feet)
Approximate Age: 31-50
Tax: $36,870.94
Maintenance Fee: $0
Beds:
Baths: 9
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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