1656 Queen St W

FOR SALE
$1,699,000
Expired
$0
1656 Queen St W, Toronto
1656 Queen St W
1656 Queen St W
1656 Queen St W
1656 Queen St W
1656 Queen St W
1656 Queen St W
1656 Queen St W
1656 Queen St W
1656 Queen St W
3
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
W8403320
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-04 2024-08-31 88 $1,699,000 - Expired
2024-02-26 2024-05-31 98 $1,699,000 - Expired
2024-01-20 2024-04-19 90 $3,500 - Expired
2023-06-06 2023-08-17 72 $1,799,000 - Terminated
Property Description
Beautifully Fully Renovated Building In Fashionable Queen West West. Property Is Turn Key, Updated Hvac, Electrical, Plumbing, Floors, Restroom, Full Size Basement. 1,000 SF Main Floor Retail Space with a triple A Tenant. Perfect For An Investor. Upper Level Is A Beautiful Fully Renovated 3 Bed 1 Bath Unit Rented Commercially. Renovation Completed In 2017 From Ground Up With $500K Plus In Renovation Cost. Main level just re-renovated by the new tenant, $$$ spent.
Extras
Led Lighting Throughout, Oak Stain Floors, All Existing Appliances, Existing Light Fixtures Belonging To Landlord.
Nearby Intersections
Property Details
Street
Community
Property Type
Multiplex, 2-Storey
Lot Size
17' x 100'
Fronting
South
Taxes
$15,000 (2023)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Abv Grnd
Parking Spaces
2
Driveway
None
Garage Type
None
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*Pictures Coming SOON* *** FINANCING AVAILABLE *** Attention INVESTORS! Introducing a unique opportunity to OWN an INCOME GENERATING PROPERTY. With a cap rate of 8% - 10% this property has been FULLY OCCUPIED for 17+ YEARS. The combination of CAPITAL APPRECIATION & CASHFLOW is and INVESTORS DREAM. Strategically located in the HEART OF DOWNTOWN with a 100 WALKING SCORE & 99 TRANSIT SCORE The possibilities with this property are ENDLESS. This property features a private backyard, potential for walk in basement access. Seller is willing to offer a Vender Take Back Mortgage at an agreed price. Inspection Report Available Upon Request
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