Property Details

566 Queen Street W, Toronto

$ 3,350,000

Description

Prime Queen St. West Property - Turnkey Bar & Restaurant with Renovated Apartments Located in the heart of Queen St. West, this exceptional property offers a rare opportunity for both end-users and savvy investors. Whether you're looking to operate your own business or secure a long-term income-generating asset, this space checks all the boxes. Main Floor Fully designed and equipped bar and restaurant, ready for immediate operation. Nearly new, high-quality kitchen and bar equipment in excellent condition. Valid liquor license included, making this space a ready-to-go business. Second Floor Three newly renovated one-bedroom units with separate entrance door on Queen St , perfect for rental income or staff accommodations. Additional Features Roof replaced in 2017.Full Basement available for storage or expansion. New Mitsubishi double-head heat pumps for each of the three second-floor units. HVAC System tailored for the restaurant.5 separate hydro meters for efficient management of utilities. This turn-key property underwent extensive renovations in 2018, providing a perfect balance of operational readiness and long-term investment potential. Don't miss this incredible opportunity to own a piece of one of Toronto's most sought-after neighbourhoods.

Additional Details

  • Community
    Kensington-Chinatown
  • Total Area
    3900
  • Lot Size
    20.72 X 144.41 Ft.
  • Building Type
    Store W Apt/Office
  • Taxes
    $36870.94 (2024)
  • Garage Type
    Outside/Surface
  • Parking Space
    4
  • Air Conditioning
    Yes
  • Heating Type
    Gas Forced Air Closed
  • Zoning
    CR3 (c2;r2*1385)
  • Listing Brokerage
    ROYAL LEPAGE REAL ESTATE SERVICES KATY TORABI

Virtual Tour

Location

566 Queen Street W , Toronto, ON M5V 2B5

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Listing Brokerage

  • ROYAL LEPAGE REAL ESTATE SERVICES KATY TORABI

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Listing Data is provided courtesy of Toronto Real Estate Boards

Disclaimer: The property is not necessarily in the boundary of the schools shown above. This map indicates the closest primary and secondary schools that have been rated by the Fraser Institute. There may be other, closer schools available that are not rated by the Fraser Institute, or the property can be in the boundary of farther schools that are not shown on this map. This tool is designed to provide the viewer an overview of the ratings of nearby public schools, and does not suggest association to school boundaries. To view all schools and boundaries please visit the respective district school board’s website.

D
Dina Shoraka
Dina Shoraka
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