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2006 Queen St E

4,900 SF 100% Leased Retail Building Toronto, ON M4L 1J3 $1,641,379 USD ($335 USD/SF) 5.80% Cap Rate

Retail Space Ontario Toronto 2006 Queen St E, Toronto, ON M4L 1J3

Investment Highlights

  • Easy access to the Don Valley Parkway, Gardiner Expressway & Lakeshore Boulevard
  • Abundant area amenities including restaurants, cafes, shopping, parks and trails
  • Directly serviced by streetcar along Queen Street E and proximity to multiple TTC routes including future planned Riverside-Leslieville transit stati
  • 5.8% CAP Rate

Executive Summary

Street-front retail & office investment or Owner Occupier property on Queen St.E in the heart of The Beaches. Property
consists of main floor restaurant occupied by the original Sunset Grill & 7 office units above (all tenants month to month). Great income
producing asset with upside & flexibility. Abundant area amenities, adjacent to Kew Gardens. 5.8% Cap Rate. Directly serviced by streetcar. Significant redevelopment in the area. Zoning permits a variety of uses including: residential, office & retail. Neighbouring retailers
include A&W & Tim Hortons. **A $50,000 bonus fee will be paid to the coop broker upon successful closing of an APS before February 21, 2025**

Attachments

2006_Queen_Street_E_Flyer

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,900 SF
Building Class
C
Year Built
1955
Price
$1,641,379 USD
Price Per SF
$335 USD
Cap Rate
5.80%
NOI
$95,182 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.81
Land Acres
0.04 AC
Zoning
MCR - Mixed Use Commercial Residential
Frontage
15 FT on Queen St
1 of 1
Walk Score ®
Walker's Paradise (97)
Bike Score ®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Tim Hortons
Royal Bank of Canada
Sunset Grill
Hero Certified burgers
freshii
FOODLAND
TD Canada Trust
Scotiabank
Swiss Chalet
Starbucks
(416) 756-5467

  • Listing ID: 33471646

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 2006 Queen St E, Toronto, ON M4L 1J3

The Retail Property at 2006 Queen St E, Toronto, ON M4L 1J3 is currently available For Sale. Contact Lennard Commercial Realty for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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2006 Queen St E
(416) 756-5467 x

2006 Queen St E

1/2

Adam Bronson

(416) 756-5467

(416) 756-5467

Caroline Bouillet

(416) 915-5132

(416) 915-5132

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