1024 QUEEN STREET W

1024 Queen Street West, at Ossington. A secure and current 6% cap rate with upside potential. Architectural gem designed by Kathleen Kurtin in the heart of Queen West. Approximately 5,000 SF above grade, plus basement (and roof decks), four-storey mixed-use building. The commercial space is a newly renovated trendy and busy restaurant with great street front and alley way presence. The building features four beautifully designed residential apartments consisting of 1 -2 bedroom, 2-1 bedroom and 1 bachelor apartment. ( 2, 2 storey apartments). Character-rich interiors showcase exposed brick, high ceilings, large windows, hardwood floors, modern appliances, quality finishes, and steel and industrial accents. Every apartment features its own large private deck with exceptional views, creating highly desirable indoor/outdoor living. Individual mechanical systems for each unit. The trendy location is on one of the best stretches of Queen West at Ossington. Surrounded by Toronto's best restaurants, cafes, shops and nightlife on one of the best city blocks in the city with excellent TTC access. A truly distinctive asset with exceptional tenant security and visual appeal in one of Toronto's most sought-after neighbourhoods makes this a fantastic asset to own in your portfolio. (id:67197)

Price

$4,399,000

Property Type

Retail

Transaction Type

For sale

MLS® Number

C13770156

Interior Size

5000 sqft

Cooling

Fully air conditioned

Fireplace

No

Heating

Forced air

Interior Size

5000 sqft

Water

Municipal water

Size Frontage

18 ft ,2 in

Size Depth

94 ft ,8 in

Acreage

No