Principales caractéristiques

• Located on the most renowned block of Queen West, across from the Bell Media HQ, with best in class foot traffic and visibility.
• Stable and care free going in net income, with long standing &
• credit worthy tenants.
• Situated at a premier transit hub with Osgoode Station serving the Yonge-University subway, the upcoming Ontario Line, and the 501 Queen streetcar. This integration will position 242 Queen Street West as one of the most transit connected properties in the node.
• The property offers the opportunity to increase the retail rent by
• releasing the space to a new tenancy, hence adding value.
• The residential unit sizes are well above average at over 1,000
• SF each, potentially offering the ability to demise the space
• and increase the number of residential units in the future , or to
• combine for one very large 2 floor loft style apartment.
• The two residential suites are fully leased below current market
• rates and on a month-to-month basis. The current average
• monthly rent is $1.18 per