414 QUEEN STREET W

$3,299,000

Kensington-Chinatown, Toronto, Ontario

  • 5 baths
  • 5,000 square feet
Commercial · RetailType
Radiant heatHeating
Partially air conditionedCooling
319Days on market
$660 / sqftPrice / sqft

About this property

Don’t miss this Historical 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 840 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. Property is offered in AS-IS condition. New insulated entry door to residential installed 2024. (id:66327)

Property details

Interior

Bathrooms
5
Living area
5,000 square feet
Building area
5000

Exterior & parking

Structure type
Residential Commercial Mix
Architectural style
[]
Lot size
Bldg=20 x 120 FT

Building & HOA

Heating
Radiant heat
Cooling
Partially air conditioned

Financial & legal

List price
$3,299,000
Price / sqft
$660 / sqft
Annual taxes
$36,402
Status
Active
MLS® number
C12460064

Location

City
Toronto
Neighbourhood
Kensington-Chinatown
Province
Ontario
Postal code
M5V2A7
Directions
Cross Streets: Queen & Spadina. ** Directions: Queen & Cameron.

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