ExtensionFor Sale

242 Queen Street W
Toronto C01, Toronto, ON, M5V 1Z7

Commercial Retail
TRREB
MLS® Number: C9385881
$3,399,000List Price
Commercial RetailProperty Type
3,870 sq ftSize
$40,125.43 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 242 Queen Street W, Toronto C01, ON M5V 1Z7

0 Transactions by CPRB Agents

Top Agents in Toronto C01

Description

Landmark END-USER / INVESTMENT opportunity along most prime stretch of acclaimed Queen St. W. Retail leased to Dragon Vape, one of Canadas largest e-cig suppliers, secured w/ corp covenant via wholesale ops. Option for vacant possession of retail on closing for end user. Direct sightlines to Bell Media HQ for rare on-air visibility & strong foot traffic. Previously leased to John Fluevog & Wine Rack @ premium rents. Upper levels have two large semi-attached 3-bed apts (3rd flr via 2nd flr corridor) w/ stable mo-to-mo tenants + roof decks/patios. Flexibility to reconfigure + increase rents. Bonus high & dry basement (not in SF), large rear parking + dbl-door shipping. All leases under market w/ near-term value-add at a great going in price point.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$40,125.43 / 2024
Listing #:C9385881
Property Type:Commercial Retail
Size:3,870 sq ft
Land Size:17.06 x 120
Days on CPRB:
Garage:Lane
Locker:None
On CPRB Since:
Listing Brokerage:CUSHMAN & WAKEFIELD

Rooms

Details

Property

Property Type:Commercial Retail
Community:Kensington-Chinatown
Municipality:Toronto

Building

Size:3,870 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Lane
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Partial
Heating Type:Gas Forced Air Open
Utility Sewer:Sanitary+Storm

Land

Cross Street:Queen Street W between John St & McCaul directly across Bell HQ

$3,399,000

List price

242 Queen Street W, Toronto C01 – Commercial Retail for sale · MLS® # C9385881