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W4376872
$1,300,000

1510 Queen St W (Queen/Lansdowne)

Price: $1,300,000

Status: Sale Pending 

MLS®#: W4376872

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$1,300,000 Calculator
  • Tax: $9,940.18/Annual (2018)
  • Community:South Parkdale
  • City:Toronto
  • Type:Commercial
  • Style:Store W/Apt/Office
  • Size: 1,400 Sq Ft
  • Basement:Y

Features:

  • HeatingGas Forced Air Closd
  • Sewer/Water SystemsSan+Storm, Municipal

Listing Contracted With: RE/MAX PROFESSIONALS INC., BROKERAGE

Description

*Fully Leased* Turn Key Investment Opportunity In Prime Parkdale Neighbourhood. Completely Reno'd 2nd Floor 2 Bedroom Apartment. Upgraded Main Floor Restaurant With Rear Covered Patio. Great Investment Opportunity! Fully Leased! Llbo License For 27 Inside & 30 Outside On Rear Patio. 2nd Floor Tenant Pays $1,928.50/Mnth + Utilities. Main Floor Tenant Pays $3,500.00 + Tmi + Utilities/Mnth. Income $65,142.00 Less Expenses $2800.00 Total Net $62,342.00=4.8% Cap


Highlights

Llbo Licensed For 27 Inside & 30 On Patio. Property Fully Leased. 2nd Flr Fridge, Gas Stove, Exhaust Fan, Fire Escape(2017). 2 Gas Furnaces Main Flr & 2nd(2017), 2 Gas Hot Water Tanks (O)(2017). Fire Suppression(2017)

Want to learn more about 1510 Queen St W (Queen/Lansdowne)?

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Patricia Ward

Broker

RE/MAX Professionals Inc., Brokerage

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