12 - 550 Queens Quay W, Toronto, ON M5V 3M8
Waterfront Communities, Toronto · Near Queens Quay W & Dan Leckie Way · View map
About this home
his is an excellent opportunity in an unbeatable location.Taking over a well -established and turn key newly built out restaurant on Queens Quay Harbour Front Area. This Location Surrounded With Luxury Condos, Offices, Waterfront, Tourist Area . This 1050 square foot restaurant sits at the base of a 12 storey, 245 condos building. With a liquor license of 24 seats inside, To be sure to have established and new customers whether they're locals or tourists to the area .The kitchen is equipped with plenty of fridge space, storage, and top line equipment to accommodate your cuisine of choice. With a long lease term in place at incredibly low rent. this Bright, Welcoming & Functionally Laid Out restaurant With High Volume Walking Traffic. Modern & Spacious Sitting Area . This Unit Has It All,Excellent Opportunity To Take Over, Easy To Run. Just Renovated, very attractive Neighbourhood. Amazing Opportunity To Start Your Own Business With Minimal Cost.Endless Potential For Growth And Catering, High Traffic Flow. Consistent year around tourism. Expected increased tourism driven by upcoming FIFA WORLD CUP to the city .Steps to BILLY BISHOP AIRPOR.
The home
- Type
- Sale of business
- Square footage
- 1050 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $11,880/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- TBA
- Cross street
- Queens Quay W & Dan Leckie Way
- Neighbourhood
- Waterfront Communities
More
- MLS® number
- C13775644
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
550 Queens Quay, Toronto, ON M5V 3M8
Waterfront Communities, Toronto · Near Queens Quay W & Dan Leckie Way
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Listing history for 550 Queens Quay
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 12 - 550 Queens Quay W
Answers come straight from this home’s MLS® listing.
How much is 12 - 550 Queens Quay W listed for, and what would it cost each month?
12 - 550 Queens Quay W is listed for $99,000. With 20% down ($19,800), the mortgage payment would be roughly $399 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,389 a month, all in. That figure is an illustration, not a quote.
Is 12 - 550 Queens Quay W freehold or a condo, and is there a monthly fee?
12 - 550 Queens Quay W is a sale of business in Waterfront Communities, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 12 - 550 Queens Quay W have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 12 - 550 Queens Quay W?
12 - 550 Queens Quay W is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 12 - 550 Queens Quay W heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 12 - 550 Queens Quay W?
Property taxes are $11,880 a year (2025), or about $990 a month.
Where is 12 - 550 Queens Quay W?
12 - 550 Queens Quay W is in the Waterfront Communities community of Toronto. The nearest main intersection is Queens Quay W & Dan Leckie Way. The postal code is M5V 3M8.
Is 12 - 550 Queens Quay W still for sale?
Yes. It is an active listing (MLS® C13775644). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 12 - 550 Queens Quay W asking?
Similar properties for sale nearby right now include 1011 - 550 Queens Quay W at $794,950 (2 bed), 394 Richmond Street W at $99,888 and 507 Queen Street W at $95,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 550 Queens Quay sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 12 - 550 Queens Quay W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Sale of business$99,888394 Richmond Street W, TorontoWaterfront CommunitiesCourtesy of: HOMELIFE/FUTURE REALTY INC.View home →
Sale of business$95,000507 Queen Street W, TorontoWaterfront CommunitiesCourtesy of: RIGHT AT HOME REALTYView home →Courtesy of: DESIRE MORE REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.