1260 The Queensway

Corner commercial and residential building offering a prime investment opportunity. Located in a rapidly developing area with excellent exposure, surrounded by banks, car dealerships, and a medical/dental office next door. The property features four residential apartments, each with separate hydro meters, and an owner-operated Chinese restaurant with sit-in (14 seats, 6 tables) service that is predominantly used for takeout. The restaurant is a profitable business, with the owner retiring and offering vacant possession or a leaseback option for six months at $3,200/month plus utilities. The building includes essential features like gas burner (boiler), multiple meters (6 hydro, 2 gas), 2 hot water tanks, and appliances in the apartments (4 fridges, 4 stoves). Proximity to IKEA, QEW, TTC, and subway routes makes this a strategic location for other businesses as well.