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1378 Queen St. W 4,512 SF 100% Leased Retail Building Toronto, ON M6K 1L7 $2,750,000 CAD ($609.49 CAD/SF)



Investment Highlights
- Short walk from Liberty Village
- Historic building includes 2 apartments and a restaurant with liquor license
Executive Summary
A part of Toronto's history selling as a real estate investment property that has been 100% leased to one Tenant. Good asset to purchase today in a growing area! The property has one large commercial unit retrofitted as a bar and restaurant that has an existing AGCO liquor license, and two large residential apartments on second and third levels. Property is located on the same block of planned mid-rise development, another one directly across the street and number of other currently under construction projects in the area. Perfect timing for investing in this hidden gem neighbourhood as city's popular businesses are moving in! South of the subject property lie community institutional uses including a public library, community centre, restaurants, coffee shops, barber shops and hair salons and retailbusinesses.15-30 minutes Walk to Liberty Village, CANADA's National Exhibition "CNE" Grounds, Toronto West waterfront, 24-hour TTC Queen West route. Located near Metrolinx rail corridor with new Exhibition station just south east 10-15 minutes walk.
This historic brick building with Commercial AGCO liquor license restaurant and 2 apartments above is a good addition for buyers looking for an asset to add to their urban real estate portfolio for diversification and asset growth.
This historic brick building with Commercial AGCO liquor license restaurant and 2 apartments above is a good addition for buyers looking for an asset to add to their urban real estate portfolio for diversification and asset growth.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,512 SF
Building Class
C
Year Built
1889
Price
$2,750,000 CAD
Price Per SF
$609.49 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
11’
Zoning
CR2.5 - City of Toronto, 438-86, MCR T2.5 C1 R2, Mixed Commercial Residential Zone. The height of each unit varies; the maximum building height is 45.93 feet.
Amenities
- Bus Line
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
1 of 4
Videos
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Photos
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Street
Map
Presented by
Toronto Real Estate Brokerage
1378 Queen St. W
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