502 QUEEN STREET W
Toronto (Kensington-Chinatown), Ontario
MLS® C13704106
$4,500,000
- Status
- Active
- Property type
- Retail
- MLS® number
- C13704106
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
Listing description
Prime Queen Street West Restaurant Opportunity. Discover an exceptional turnkey restaurant opportunity in the heart of Toronto's highly sought-after Queen West neighborhood, ideally located between Spadina Avenue and Bathurst Street. The space is fully built out and professionally fitted as a turnkey restaurant, allowing an incoming operator to open with minimal additional investment.
All owned equipment, fixtures, and essential restaurant infrastructure are included in the sale. The property has been exceptionally well maintained and features numerous upgrades over the years, including a full building sprinkler system and an upgraded gas line. Rear lane access offers convenient loading and servicing, enhancing day-to-day restaurant functionality.
Current status: Leased through July 2027. The buyer must assume the tenant for the remaining lease term. Don't miss this chance to join one of Toronto's most vibrant and desirable commercial districts.
Property summary
- MLS® number
- C13704106
- Property type
- Retail
- Size
- 3,070 sq ft
- Land size
- 15.18 x 122 FT
- Annual property taxes
- $48,000.00
- Days on market
- 54 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $4,500,000 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 ACE REALTY INC., TORONTO.
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.