1260 The Queensway
Toronto W08, ON
- 6 bath
- 2,996 sqft
- Commercial Retail
- 72 days on market
Corner Commercial & Residential Building With 4 Apartments. Great Exposure, Banks & Car Dealerships, Dental Office & Drug Store Just Next Door. Major Route & Lots Of Traffic, Rapid Developing Area with lots of new Condos, Minutes To Ikea, Qew, Ttc To Subway, M/M Tenants Pay Hydro, Roof About 15 Yrs, Windows 10 Yrs, Owners Run Chinese Restaurant With Sit In (12 Seats, 5 Tables). Mostly Customers Pick Up, Very Profitable Business, Owners Retiring, Vacant Possession Of Restaurant. Price For Building + Restaurant Equipment (See Schedule "C"). Suitable For Any Other Business. Buyer To Assume Existing 4 Tenants. There are 3x4pc. & 1x3pc. Bathrooms and 2x2pc Washrooms. Basement with One Apartment and Separate Entrance. Rental Income from Four Apartments is $5,500/month. Restaurant Business $7,000-$8,000/week.
Listing Details
- Taxes (2025)
- $10,835
- Listed
- July 8, 2026
Price History
Property
- Lot Size
- 19.83 x 98.39 Feet
Parking
- Garage
- Lane
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Kipling & Queensway
- Zoning
- Cr
- Parcel Number
- 075280164
- Possession
- Other
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Hospitality/Food Related
- Office / Apartment Area
- 1934 Sq Ft
Included
- Inclusions
- Existing Electric Light Fixtures, 6 Hydro Meters, 2 Gas Meters, 4 Fridges+ 4 Stoves In Apartments, Coin Washer/Dryer and All Restaurant Equipment (See Schedule "C").
- Rental Items
- Gas Burner (Boiler) & Equipment and 2 Hot Water Tanks.
Community
Postal area M8Z
- Population
- 19,312
- Private dwellings
- 7,784
- Median age
- 40.4
- Average household size
- 2.5
- Median household income
- $111,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto W08 · last 12 months
- Median sold price
- $870,000
- Homes sold
- 1,274
- Median days on market
- 22
- Sale-to-list price
- 97.8%
Based on 1,274 recorded sales of commercial properties in Toronto W08 over the last 12 months.
Listed by
TRADEWORLD REALTY INC
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,996 sq ft
- Price per sq ft
- $627.50
- Annual property tax
- $10,835
- Tax per sq ft
- $3.62
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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