Toronto, ON M5V2B3 506 Queen Street W

$250,000

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Presented By: RE/MAX ULTIMATE REALTY INC.

MLS# C9511324
10/25/2024

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Baths • 3
SQFT • 2,275

Home Details

READY...SET...BAKE! Fully turn-key bakery and wholesale manufacturing business featuring premium equipment and a classy cafe in the front of the space. Located right where busy Queen St W and popular Portland St meet on the ever sunny north side of the street. Seller willing to train and provide recipes. Elegant cafe area is supported by an extensive prep and baking area at the back half of the space. Large dry basement ideal for dry storage features good sized walk-in fridge with potential for additional production space. Net Rent $6,250 + $2,750 TMI. LLBO for 30 interior. Lease expires 2028 + 1x5yr Renewal. Ground floor leasable area 2,275 sqft. **EXTRAS** Tenant pays 90% of building water (approx. $800 quarterly). Monthly utilities approx. $1,500/month. Accessible washroom on main floor.

Presented By: RE/MAX ULTIMATE REALTY INC.

Interior Features for 506 Queen Street W

Bedrooms

Bathrooms

Total Baths3

Other Interior Features

SeatingCapacity30

Air Conditioning Y/NNo

Basement (Y/N)Yes

Elevator?No

Fireplace Y/NNo

Heating Y/NNo

General for 506 Queen Street W

Amps100

Attached Garage No

Building Area UnitsSquare Feet

Business NameGeste Croissant

Business TypeBakery

CityToronto C01

Community FeaturesPublic Transit, Recreation/Community Centre

CoolingYes

CountyToronto

Electric On Property Y/NNo

Garage Y/NNo

Heater TypeGas Forced Air Closed

Lot Depth0.0

Lot Size UnitsFeet

ModificationTimestamp2025-03-13T13:12:15Z

New ConstructionNo

Occupancy TypeTenant

Property Attached Y/NNo

Property SubtypeSale Of Business

Property TypeCommercial

Senior Community Y/NNo

SewerSanitary

Standard StatusActive

StatusPrice Change

Tax Annual Amount0.0

Tax Year2024

Waterfront Y/NNo

Exterior for 506 Queen Street W

Building Area Total2275.0

Garage TypeNone

SpaNo

Additional Details

Zayd Hamamiyah

Realtor ®, BBA Hon.

Price $250,000

MLS#C9511324

List Date 10/25/2024

Property Type Commercial

Phone 289.816.2923

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