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225 Queen St W 2,213 SF Vacant Retail Building Toronto, ON M5V 1Z4 $2,443,055 USD ($1,103.96 USD/SF) 4.41% Cap Rate
Investment Highlights
- Two-Storey Commercial Building with full usable basement including washrooms, storage, and offices.
- Adjacent to brand new condominium building on a prime, high-traffic block of Queen Street West.
- Two long-standing commercial tenants with upcoming renewals at market rates.
- Located steps to Osgoode Station and Queen streetcar stops.
- Great potential and opportunity to own an investment property in the heart of downtown.
- Surrounded by trendy restaurants, fun retail stores, hotels, notable neighbouring tenants.
Executive Summary
Two-Storey Commercial Building with full usable basement including washrooms, storage, and offices
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,213 SF
Building Class
C
Year Built
1915
Price
$2,443,055 USD
Price Per SF
$1,103.96 USD
Cap Rate
4.41%
NOI
$107,782 USD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.36
Lot Size
0.04 AC
Zoning
CR3(c3;r3*2089) - Commercial Residential
Parking
2 Spaces (0.9 Spaces per 1,000 SF Leased)
Frontage
16’ on Queen Street West
Amenities
- Bus Line
- Metro/Subway
- Signage
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Nearby Major Retailers
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
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225 Queen St W
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