2006 Queen Street E
$2,299,999
Street-Front Investment Property in The Heart of The Beaches
The building can be the location of new restaurant concept, an additional location of an existing brand, or the current tenants can be maintained and the investor will benefit from the cash flow.
43.6702788, -79.2995804
Main Intersection
Queen Street E & Woodbine Avenue
Location
Toronto, North York
Address
2006 Queen Street E
Toronto ON M4L 1J3
Canada
Listing Agents
Broker Flyer
Building Information
Overall Building Size
3,350 SF
Zoning
MCR - Mixed Use Commercial Residential Zone
Frontage
14.75 ft
Lot Area
0.04 acres
Legal Description
PT LT 7-8 PL 5E TORONTO AS IN CT704330; S/T & T/W CT704330; CITY OF TORONTO
Property Highlights
- Well located street front property in the heart of The Beaches community in Toronto
- Investment or owner occupier property
- Main floor occupied by well established long-term restaurant tenant
- Second & third floors consist of shared space with 7 private offices
- Great income producing asset with upside and flexibility (all tenants are month-to-month)
- Adjacent to Kew Gardens, Lake Ontario and popular beaches
- Several condominium developments in the area
- Abundant area amenities including restaurants, cafes, shopping, parks and trails
- Value based on a 5.8% cap rate
- Neighbouring tenants include A & W and Tim Hortons
Details
Property Taxes
$26,082.58