For Sale · Retail

1166 QUEEN STREET W, Toronto (Little Portugal)

1166 QUEEN STREET W, Toronto (Little Portugal), ON M6J1J5

$2.0M total

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

98%

About this property

A RARE QUEEN WEST OPPORTUNITY - UNLIMITED POTENTIAL! An exceptional opportunity to own a beautiful three-storey commercial building in the heart of Toronto's highly coveted Queen West neighbourhood. Entirely vacant and completely gutted, this property presents a rare blank canvas for those with vision, creativity and ambition. A unique opportunity to reimagine, redesign and create something extraordinary from the ground up. Whether you are an investor, entrepreneur or visionary buyer, this is your chance to bring a distinctive concept to life in one of Toronto's most vibrant, sought-after locations. The possibilities are yours to explore! BRING YOUR VISION. CREATE YOUR MASTERPIECE. Property being sold AS IS, WHERE IS. A truly special offering for the discerning buyer ready to unlock its potential and make their mark on Queen West! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.99M
Down payment30% · $597K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$130K

Annual cash flow

$20K

Cash-on-cash

3.33%

DSCR

1.18

Going-in cap

6.54%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

47,307

Households

21,688

Median income

$100,000

Median age

44.2

Daytime population

46,392

5-yr growth

1.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1166 QUEEN STREET W, Toronto (Little Portugal).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.