CORNER PROPERTY FOR SALE ON QUEEN ST EAST

QUEEN EAST

5,450,000

  • KNOWN AS THE JOSEPH WHITE BUILDING WHICH FEATURES THE RICHARDSONIAN ROMANESQUE STYLE IN THE INCLUSION OF LARGE-SCALE ARCHED OPENINGS OFTEN RISING TWO STOREYS, VARIED COMBINATIONS OF WINDOW OPENINGS AND RICHLY TEXTURED BRICK DETAILS.
  • LOCATED ONE BLOCK EAST OF BROADVIEW ON THE NORTHSIDE OF QUEEN STREET EAST
  • 59.55 ft. FRONTAGE WITH 63.28 ft. DEPTH
  • CONSISTS OF 3 RETAIL STORES PLUS 8 RESIDENTIAL RENTAL UNITS
  • DESIGNER’S DREAM * READY FOR RENOVATION
  • THIS REDEVELOPMENT OPPORTUNITY OFFERS GREAT UPSIDE POTENTIAL
  • THE IMMEDIATE AREA IS UNDERGOING SUBSTANTIAL DEVELOPMENT
  • HIGH DENSITY OF NEW RESIDENTIAL (RIVERSIDE SQUARE) BEING CONSTRUCTED ACROSS THE ROAD
  • STATED ANNUAL NET INCOME OF $225,000.00
  • TAXES $46,000.00 (2021)
  • LEGAL DESCRIPTION : PT LT 1-2 PL 428 RIVERDALE PT 1 – 4 63R564, S/T & T/W CT319746; CITY OF TORONTO

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