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Active

512 Queen St W

Toronto C01, ON M5V 2B3

$3,150,000

512 Queen St W, Toronto C01Listed at $3,150,000, 4 bathroom Commercial Retail. MLS® C11885935.

4Baths
5,819Sq Ft
Hospitality/Food Related
Commercial Retail
$42,284.47 (2024)

Description

*** Visit the REALTOR website for further information about this Listing *** This 3 storey Victorian property is located on the preferred north side and at the heart of trendy Queen St West. It sits between Spadina Ave and Bathurst St at the top of Portland St., and is across the street from Loblaws and Joe Fresh. The building has 15.75ft of prime frontage with high ceilings. A successful restaurant/bar business has operated here for at least 6 decades and the building features 2 floors with 3 licensed rooms and 2 licensed patios. Public washrooms are in the basement. The 3rd floor has 3 offices and a washroom. The total usable size of the property is 5,819 sq./ft. including the patios and basement. This property will be highly attractive to investors due to its stable and reliable potential income, attractive location, and huge foot traffic in the area. The area is well served by TTC streetcar lines on both Queen and Bathurst streets and the upcoming Ontario Subway Line with a stop at Queen and Spadina. The property was renovated in the early 1980's and the front facade was restored in 2008 in accordance with requirements of the Toronto Historical Board. The building has a liquor licence for 133 people.

Price & Status History

Price history is locked

Business Details

Property Sub-TypeCommercial Retail
Business TypeHospitality/Food Related
Business NameBar Karma
Property UseRetail
Occupant TypeTenant
Hours of Operation6pm-2am
FranchiseNo
Chattels IncludedNo
Seating Capacity133
Financial StatementsNot Available
Showing RequirementsSee Brokerage Remarks
Listing Expires8/7/2026

Commercial Space & Financials

Retail Area5,819 Sq Ft

Industrial Specifications

Clear Height11'
Outside StorageNo

Property Details

Property TypeCommercial Retail
CommunityKensington-Chinatown
Approximate Age100+
Washrooms4
Lot Dimensions15.75 × 141.14 ft
Dir/Cross StQueen St W at Portland St.
Garage TypeNone
Heating TypeGas Forced Air Open
A/CYes
SewersSeptic Available
Taxes (2024)$42,284.47
HSTYes
SecurityNo
Listed Date12/8/2024
Days on Market548 days
PossessionNegotiable
Vick Yogeswaran - REALTOR

Your agent: Vick Yogeswaran

REALTOR® · RE/MAX Realtron Realty Inc.

Same-day showings available

Property Insights

Listing Courtesy of: EASY LIST REALTY LTD.

MLS® #C11885935

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Commercial Retail is located in the Kensington-Chinatown community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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