Forgot password Extend Verify Contact

512 Queen Street W
Kensington-Chinatown Toronto M5V 2B3

$3,800,000 /For Sale
Commercial

Main Photo: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 1: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 2: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 3: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 4: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 5: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 6: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 7: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 8: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 9: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 10: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 11: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 12: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 13: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 14: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 15: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 16: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Photo 17: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C11885935
Bus Major:
Hospitality/Food Related
For more information, please click Brochure button. This 3 storey Victorian property is located on the preferred north side and at the heart of trendy Queen St West. It sits between Spadina Ave and Bathurst St at the top of Portland St., and is across the street from Loblaws and Joe Fresh. The building has 15.75ft of prime frontage with high ceilings. A successful restaurant/bar business has operated here for at least 6 decades and the building features 2 floors with 3 licensed rooms and 2 licensed patios. Public washrooms are in the basement. The 3rd floor has 3 offices and a washroom. The total usable size of the property is 5,819 sq./ft. including the patios and basement. This property will be highly attractive to investors due to its stable and reliable potential income, attractive location, and huge foot traffic in the area. The area is well served by TTC streetcar lines on both Queen and Bathurst streets and the upcoming Ontario Subway Line with a stop at Queen and Spadina. The property was renovated in the early 1980's and the front facade was restored in 2008 in accordance with requirements of the Toronto Historical Board. The building has a liquor licence for 133 people.
Property Type:
Commercial
Commercial Type:
Commercial/Retail
Approx. Age:
100+
Depth:
141'2"
Frontage:
15'9"
Total Area:
5,819 sq. ft.
Retail Area:
5,819 sq. ft.
Bathrooms:
4.0
Zoning:
CR3
Heating type:
Gas Forced Air Open
Basement:
Full
Garage:
None
Total Parking Spaces:
0
Possession Details:
Negotiable
Taxes:
$42,284.47 / 2024
Assessment:
$2,199,000.00 / 2024
Kensington-Chinatown
Public Transit, Subways
None
Utilities:
Y
Water supply:
Municipal
Sewer:
Septic Avail
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Air Conditioning:
Y
Amperage:
200
Clear Height:
11'
Chattels:
No
Log/Bldg/Unit Code:
Building
Outside Storage:
No
Rail:
No
Sprinklers:
No
Type Taxes:
Annual
Business/Building Name:
Bar Karma
Category:
Retail
Major Business Type:
Hospitality/Food Related
Seats:
133
Days Open:
7
Hours Open:
6pm-2am
Financial Statements:
No
Franchise:
No
Freestanding:
No
LLBO:
Yes
Date Listed:
Dec 08, 2024
Original Price:
Previous Price:
  • Photo 1: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 1 of 17
  • Photo 2: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 2 of 17
  • Photo 3: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 3 of 17
  • Photo 4: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 4 of 17
  • Photo 5: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 5 of 17
  • Photo 6: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 6 of 17
  • Photo 7: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 7 of 17
  • Photo 8: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 8 of 17
  • Photo 9: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 9 of 17
  • Photo 10: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 10 of 17
  • Photo 11: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 11 of 17
  • Photo 12: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 12 of 17
  • Photo 13: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 13 of 17
  • Photo 14: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 14 of 17
  • Photo 15: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 15 of 17
  • Photo 16: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 16 of 17
  • Photo 17: 512 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11885935
    Photo 17 of 17
Listed by EASY LIST REALTY LTD.
Data was last updated January 5, 2025 at 05:55 AM (UTC)
powered by myRealPage.com