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507 Queen Street W

Sale Of Business For Sale in Kensington-Chinatown, Toronto C01

$199,000
Busy restaurant on Queen West. Fully built out and newly renovated from a vanilla shell in 2024. This space is easy to run with hands-on ownership. Popular for dine-in and delivery. 1,200 square feet and 30 seats, + Cafe TO patio.10-foot hood, tandoor oven, custom built walk-in. Liquor license has been approved. Great numbers for first year of business, set to accelerate with LLBO sales. **EXTRAS** $10,600 gross rent including TMI. 4 + 5 remaining on the lease. Available for rebranding. No restrictions and no demolition clause, both rare for this part of town.
Address
507 Queen Street W
List Price
$199,000
Property Type
Commercial
Type of Dwelling
Sale Of Business
Area
Toronto C01
Sub-Area
Kensington-Chinatown
County
Toronto
Bathrooms
1
Lot Depth
99.56
Lot Type
Lot
Lot Size Units
Feet
Lot Width
8.79
MLS® Number
C11938124
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Postal Code
M5V 2B4
Tax Year
2024
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
Street
Security Features
Yes
Sewer
Sanitary+Storm

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Michael Ouzas

Royal LePage Signature Realty, Brokerage

495 Wellington Street West Toronto ON M5V 1G1

Mobile: 647-920-0729

Office: 416-205-0355

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