1260 The Queensway

About this home

Corner Commercial & Residential Building With 4 Apartments. Great Exposure, Banks & Car Dealerships, Dental Office & Drug Store Just Next Door. Major Route & Lots Of Traffic, Rapid Developing Area with lots of new Condos, Minutes To Ikea, Qew, Ttc To Subway, M/M Tenants Pay Hydro, Roof About 15 Yrs, Windows 10 Yrs, Owners Run Chinese Restaurant With Sit In (12 Seats, 5 Tables). Mostly Customers Pick Up, Very Profitable Business, Owners Retiring, Vacant Possession Of Restaurant. Price For Building + Restaurant Equipment (See Schedule "C"). Suitable For Any Other Business. Buyer To Assume Existing 4 Tenants. There are 3x4pc. & 1x3pc. Bathrooms and 2x2pc Washrooms. Basement with One Apartment and Separate Entrance. Rental Income from Four Apartments is $5,500/month. Restaurant Business $7,000-$8,000/week.

Details

Type

Commercial Retail

Lot

19.83 × 98.39 ft

Garage

Lane

Property tax

$10,835 (2025)

Neighbourhood

Islington-City Centre West

Municipality

Toronto W08

Interior

Bathrooms

6 × bathroom

Heating, cooling and services

Heating

Gas Hot Water

Water and sewer

Sanitary

Utilities

Available

Building and exterior

Building area

2,996 Square Feet

More

Possession

To Be Negotiated

Cross street

Kipling & Queensway

Business type

Hospitality/Food Related