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506 Queen Street W
Kensington-Chinatown Toronto M5V 2B3

$175,000 /For Sale
Commercial

Main Photo: 506 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01) : MLS®# C9511324
Photo 1: 506 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01) : MLS®# C9511324
Photo 2: 506 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01) : MLS®# C9511324
Photo 3: 506 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01) : MLS®# C9511324
Photo 4: 506 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01) : MLS®# C9511324
Photo 5: 506 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01) : MLS®# C9511324
Photo 6: 506 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01) : MLS®# C9511324
Photo 7: 506 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01) : MLS®# C9511324
Photo 8: 506 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01) : MLS®# C9511324
Photo 9: 506 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01) : MLS®# C9511324
Photo 10: 506 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01) : MLS®# C9511324
Photo 11: 506 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01) : MLS®# C9511324
Photo 12: 506 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01) : MLS®# C9511324
Photo 13: 506 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01) : MLS®# C9511324
Photo 14: 506 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01) : MLS®# C9511324
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C9511324
Bus Major:
Bakery
READY...SET...BAKE! Fully turn-key bakery and wholesale manufacturing business featuring premium equipment and a classy cafe in the front of the space. Located right where busy Queen St W and popular Portland St meet on the ever sunny north side of the street. Seller willing to train and provide recipes. Elegant cafe area is supported by an extensive prep and baking area at the back half of the space. Large dry basement ideal for dry storage features good sized walk-in fridge with potential for additional production space. Net Rent $6,250 + $2,750 TMI. LLBO for 30 interior. Lease expires 2028 + 1x5yr Renewal. Ground floor leasable area 2,275 sqft.
Property Type:
Commercial
Commercial Type:
Sale Of Business
Approx. Age:
51-99
Total Area:
2,275 sq. ft.
Retail Area:
2,275 sq. ft.
Bathrooms:
3.0
Zoning:
CR
Heating type:
Gas Forced Air Closd
Basement:
Full
Garage:
None
Possession Details:
TBA
Taxes:
$0 / 2024
Assessment:
$- / -
Kensington-Chinatown
Tenant pays 90% of building water (approx. $800 quarterly). Monthly utilities approx. $1,500/month. Accessible washroom on main floor.
Public Transit, Rec Centre
None
Green Property Information Statement:
No
Energy Certification:
No
Water supply:
Municipal
Sewer:
Sanitary
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
Yes
Air Conditioning:
Y
Amperage:
100
Volts:
208
Chattels:
Yes
Log/Bldg/Unit Code:
Building
Outside Storage:
No
Type Taxes:
T.M.I.
Business/Building Name:
Geste Croissant
Category:
Without Property
Major Business Type:
Bakery
Seats:
30
Days Open:
7
Hours Open:
8am-8pm
Employees:
5
Financial Statements:
No
Franchise:
No
Freestanding:
Yes
LLBO:
Yes
Date Listed:
Oct 25, 2024
Original Price:
Previous Price:
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Listed by RE/MAX ULTIMATE REALTY INC.
Data was last updated January 2, 2025 at 11:55 PM (UTC)
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