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414 Queen Street W
Kensington-Chinatown Toronto M5V 2A7

$4,190,000 /For Sale
Commercial

Main Photo: 414 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C9347152
Photo 1: 414 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C9347152
Photo 2: 414 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C9347152
Photo 3: 414 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C9347152
Photo 4: 414 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C9347152
Photo 5: 414 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C9347152
Photo 6: 414 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C9347152
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C9347152
Don't miss this Queen St West diamond in the rough! Tremendous potential for development of multi-unit residential in a prime location on the future Ontario Line. A rare 4 storey building on the bustling Queen St strip, currently mixed use-restaurant/residential with a trusted long term commercial tenant in place. Main Floor restaurant is 2235 sq. ft. plus approximately 1800 sq. ft. basement, with AC, Sprinklers, lease in place until 2027. The Upper 2nd, 3rd & 4th floor are approximately 850 sq. ft per floor of residential with potential for 3-6 units. Upper floors are in original condition with a grand central staircase. Entire building has radiant heat, metal fire escapes and full washrooms on each floors. Lot is Approximately 20 ft x 120 ft, narrows in rear. This building has unlimited potential for investment, renovate for office or multi-unit residential in a prime location on the future Ontario Line in the heart of Queen West!
Property Type:
Commercial
Commercial Type:
Store w/Apt/Office
Approx. Age:
100+
Depth:
120'
Frontage:
20'
Total Area:
5,000 sq. ft.
Office/Apt Area:
2,500 sq. ft.
Retail Area:
2,500 sq. ft.
Zoning:
CR3(c2;r2*1385)
Heating type:
Radiant
Basement:
Full
Garage:
None
Possession Details:
Flexible
Taxes:
$36,384.89 / 2023
Assessment:
$- / -
Kensington-Chinatown
Property is offered in AS-IS condition. New insulated entry door to residential installed 2024.
Public Transit, Subways
None
UFFI:
Yes
Utilities:
A
Green Property Information Statement:
No
Energy Certification:
No
Water supply:
Municipal
Seller Property Info Statement:
No
Air Conditioning:
Part
Log/Bldg/Unit Code:
Building
Sprinklers:
Part
Type Taxes:
Annual
Category:
Store With Apt/Office
Franchise:
No
Freestanding:
Yes
Date Listed:
Sep 13, 2024
Original Price:
Previous Price:
  • Photo 1: 414 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C9347152
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  • Photo 2: 414 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C9347152
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  • Photo 3: 414 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C9347152
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  • Photo 4: 414 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C9347152
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  • Photo 5: 414 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C9347152
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  • Photo 6: 414 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C9347152
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Listed by CRESCENT REAL ESTATE INC.
Data was last updated February 6, 2025 at 11:55 AM (UTC)
DAVID SPEEDIE
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