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507 Queen Street W
Kensington-Chinatown Toronto M5V 2B4

$299,000 /For Sale
Commercial

Main Photo: 507 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11938124
Photo 1: 507 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11938124
Photo 2: 507 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11938124
Photo 3: 507 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11938124
Photo 4: 507 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11938124
Photo 5: 507 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11938124
Photo 6: 507 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11938124
Photo 7: 507 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11938124
Photo 8: 507 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11938124
Photo 9: 507 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11938124
Photo 10: 507 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11938124
Photo 11: 507 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11938124
Photo 12: 507 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11938124
Photo 13: 507 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11938124
Photo 14: 507 Queen Street W in Toronto: Kensington-Chinatown Property for sale (Toronto C01)  : MLS®# C11938124
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C11938124
Bus Major:
Restaurant
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.
Property Type:
Commercial
Commercial Type:
Sale Of Business
Depth:
99'7"
Frontage:
8'9½"
Total Area:
1,200 sq. ft.
Retail Area:
1,200 sq. ft.
Bathrooms:
1.0
Zoning:
Business Commercial
Heating type:
Gas Forced Air Closd
Basement:
Full
Garage:
Street
Possession Details:
TBD
Taxes:
$0 / 2024
Assessment:
$- / -
Kensington-Chinatown
$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.
Utilities:
A
Water supply:
Municipal
Sewer:
San+Storm
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Air Conditioning:
Y
Amperage:
200
Volts:
400
Crane:
No
Chattels:
Yes
Log/Bldg/Unit Code:
Lot
Outside Storage:
No
Rail:
No
Soil Test:
No
Sprinklers:
Yes
Survey Available:
No
Type Taxes:
T.M.I.
Business/Building Name:
The Grand Indian Dining
Category:
Without Property
Major Business Type:
Restaurant
Seats:
30
Days Open:
7
Hours Open:
12-10:30
Employees:
2
Financial Statements:
No
Franchise:
No
Freestanding:
No
LLBO:
No
Date Listed:
Jan 23, 2025
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated January 24, 2025 at 05:55 AM (UTC)
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