33 QUEEN ST STREET
North Stormont, Ontario
MLS® X12875902
$899,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X12875902
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 29Listing description
Prime Mixed-Use Landmark with Massive Upside - The Hub of Crysler. Seize a rare opportunity at 33 Queen Street, the premier commercial landmark in the rapidly expanding community of Crysler. This versatile multi-income asset features a stable retail tenant, a high-performing hospitality business, and a residential unit, all strategically positioned to capitalize on the region's massive residential surge.
The property is anchored by a front-facing pharmacy (tenant since 2016) on a flexible month-to-month lease, providing a solid foundation of essential foot traffic. The renowned Side Door Family Restaurant generates approximately $250,000 in annual revenue on a highly optimized "lifestyle" schedule of just 36 hours per week (Thurs-Sun), leaving immediate and massive potential to scale income by expanding to full-week service. Significantly, the restaurant enjoys a dominant market position with no close surrounding competition, ensuring it remains the primary dining destination for the area.
Having already seen a 30% revenue increase post-recovery, the business is perfectly poised to serve the 800-unit "Villages of Crysler" subdivision expansion, with Phase 1 (100 homes) set for completion by Spring 2026. This offering is completed by a spacious 2-bedroom apartment at the rear, ideal for an owner-occupier or as a third rental stream to maximize the CAP rate. Backed by the Township's 2025 infrastructure upgrades and lower property taxes compared to surrounding areas, this turnkey property offers the perfect blend of immediate cash flow and explosive growth in Ottawa's fastest-growing "bedroom community.
The property only will be sold with restaurant business together.
Property summary
- MLS® number
- X12875902
- Property type
- Retail
- Square footage
- 5,200 sq ft
- Land size
- Bldg=139.07 x 192.75 FT ; addition 59.5*66.28 at right back
- Annual property taxes
- $7,624.00
- Days on market
- 171 days
Features & details
- Heating
- Radiant heat
- Cooling
- Fully air conditioned
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $899,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX HALLMARK REALTY GROUP, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.