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Michael Tzakas

Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage Independently owned and operated. 685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6 Cell: 416-561-3911Office: 416-494-7653

$4,399,000
Available - For Sale
Listing ID: C13770156
1024 Queen Street West , Toronto, M6J 1H6, Toronto


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.
Price $4,399,000
Taxes: $24655.35
Tax Type: Annual
Occupancy: Tenant
Address: 1024 Queen Street West , Toronto, M6J 1H6, Toronto
Postal Code: M6J 1H6
Province/State: Toronto
Legal Description: PT LT 13 PL D204 TORONTO PT 1, 63R4331;
Directions/Cross Streets: Queen St W & Ossington
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Multi-Use
Building Percentage: T
Total Area: 5000.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Sprinklers: Part
Washrooms: 0
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CB METROPOLITAN COMMERCIAL LTD.
Personal Picture
Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
 
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At a Glance:
Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Trinity-Bellwoods
Style:
Lot Size: x 94.73(Feet)
Approximate Age:
Tax: $24,655.35
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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