512 Queen Street W, Toronto C01, ON M5V 2B3, Toronto C01, ON
Bath 4
5819.0 sqft
*** Visit the REALTOR website for further information about this Listing *** 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 Highlights
For Sale
MLS NO.
C11885935
Type
Commercial
Sub Type
Commercial Retail
Bathrooms
4
Square Footage
5819.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Commercial Retail
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
C11885935
Total Bathrooms
4
Security Features
No
Lot Width
15.75
Garage Type
None
Cooling
Yes
Heat Type
Gas Forced Air Open
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
512 Queen Street W, Toronto C01, ON M5V 2B3
City
Toronto C01
Neighbourhood
Kensington-Chinatown
County / Region
Toronto
Province / State
ON
Postal Code
M5V 2B3
Cross Street
Queen St W at Portland St.
Country
CA
List Price
$3,150,000
Annual Taxes
$42,284
Tax Year
2024
Legal Description
PT LT N/S Queen St PL65 City of Toronto CT21734
Possession Details
Negotiable
Listing Office
EASY LIST REALTY LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2024-12-08T22:15:26Z
Media Updated
2024-12-08T22:15:26Z
Photos Updated
2024-12-08T22:15:26Z
Last Modified
2026-04-09T16:36:51Z
System Modified
2026-04-09T16:36:51.416499Z
MLS Status
Price Change
Basement Yn
Yes
Ddfyn
Yes
Expiration Date
2026-08-07
Heat Type Multi
Gas Forced Air Open
Hstapplication
Yes
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
212370186
Parking Spaces
0
Public Remarks
*** Visit the REALTOR website for further information about this Listing *** 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.
