1024 QUEEN STREET W, Toronto (Trinity-Bellwoods)

$4,399,000

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About this property

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:66939)

Property details

Price
$4,399,000
Living area
5,000 square feet
Property type
Retail
MLS® number
C13770156

Location

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Source board: Toronto Regional Real Estate Board.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.