For Sale

506 Queen Street, Toronto (Kensington-Chinatown), Ontario M5V2B3

$299,000

506 Queen Street, Toronto (Kensington-Chinatown), Ontario M5V2B3 is For Sale and has a listing price of 299,000. The property is located in the Alexandra Park neighbourhood. It's been on the website for 26 Days.

  • Business
    Property Type
  • 3
    Bathrooms
  • MLS ID: C9511324
  • Office Name RE/MAX ULTIMATE REALTY INC.,RE/MAX ULTIMATE REALTY
Property Description

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. **** EXTRAS **** Tenant pays 90% of building water (approx. $800 quarterly). Monthly utilities approx. $1,500/month. Accessible washroom on main floor. (id:43137)

Property Details
  • MLS ID: C9511324
  • Bathrooms: 3
  • Price: $299,000
  • Transaction Types: For Sale
  • Ref ID: 27582034
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
10/24/2024 C9511324 $299,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Alexandra Park
  • $957,455 Average List Price
    based on 1 year
  • 22 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.95 % Below
  • Sold (12mo) 19
  • Rented (12mo) 60

  • 1 Month Change -47.5%
  • 3 Month Change -40.1%
  • 6 Month Change +14.9%
Walkscore
Property Type Distribution
  • All Houses
    28.55%
  • Commercial
    26.57%
  • Condo
    44.88%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 24/10/2024 00:00:00
  • Zoning Cc2
  • Agent Name: CHRISTIAN ARMANDO PETRONIO,ORI GRAD
  • Last Updated: 13/11/2024 16:05:43
Open House Dates
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