228 Queens Quay W 8,Toronto C01, ON M5J 2X1
Toronto C01, ON M5J 2X1
Description
BE YOUR OWN BOSS - RARE WATERFRONT RETAIL OPPORTUNITY ON QUEENS QUAY, IDEALLY POSITIONED IN ONE OF TORONTO'S MOST VIBRANT AND HIGH-TRAFFIC WATERFRONT COMMUNITIES, WITH ANTICIPATED INCREASED TOURISM DRIVEN BY UPCOMING FIFA WORLD CUP EXPECTED TO DRAW OVER 300,000 VISITORS TO THE CITY. CURRENTLY OPERATING AS BACCO MARKET, A PREMIUM EUROPEAN-STYLE BOTTEGA AND SPECIALTY FOOD MARKET, THIS IS AN EXCELLENT OPPORTUNITY FOR AN ENTREPRENEUR TO TAKE OVER A WELL-ESTABLISHED, RECOGNIZED, AND TURN-KEY STOREFRONT IN AN UNBEATABLE LOCATION. THE PREMISES OFFER APPROXIMATELY 1,200 SQ. FT. OF EFFICIENTLY LAID-OUT SPACE, FEATURING A CURATED IN-STORE RETAIL PROGRAM, HIGH-END FIXTURES AND LEASEHOLD IMPROVEMENTS, AND A FULLY INTEGRATED ONLINE ORDERING PLATFORM SUPPORTING BOTH IN-STORE AND DELIVERY SALES.THE BUSINESS BENEFITS FROM STRONG BRAND PRESENCE, AN ESTABLISHED CUSTOMER BASE, AND MULTIPLE REVENUE STREAMS INCLUDING GROCERY, PREPARED FOODS, AND SPECIALTY IMPORTS. EXISTING LICENSING INCLUDES LOTTERY, TOBACCO, ALCOHOL, AND FOOD PREPARATION. SURROUNDED BY MAJOR ANCHORS AND DESTINATIONS SUCH AS LOBLAWS, STARBUCKS, SHOPPERS DRUG MART, BILLY BISHOP AIRPORT, THE TORONTO MUSIC GARDEN AND THE WATERFRONT TRAIL, THE LOCATION BENEFITS FROM EXCEPTIONAL FOOT TRAFFIC, A DENSE RESIDENTIAL COMMUNITY, AND CONSISTENT YEAR-ROUND TOURISM . AN IDEAL OPPORTUNITY FOR AN OWNER-OPERATOR OR BRAND LOOKING TO EXPAND INTO A HIGH-EXPOSURE WATERFRONT LOCATION WITH EXISTING INFRASTRUCTURE AND IMMEDIATE OPERATING CAPABILITY.
Details
| MLS # | C13058540 |
|---|---|
| Listing Type | For Sale |
| Building Name | BACCO MARKET |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 182 |
| Listing Provided By | HOMELIFE/ROMANO REALTY LTD. | C13058540 510500 |
Features
| SQ Feet | 1,200 |
|---|---|
| Acreage | 0.03 |
Interior
| Cooling | Yes |
|---|
Exterior
| Community Features | Public Transit, Subways |
|---|---|
| Security Features | Yes |
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 21 |
|---|---|
| Tax Type | TMI |
| Tax Legal Description | UNIT 8, LEVEL 1, TORONTO STANDARD CONDOMINIUM PLAN NO. 1536 AND ITS APPURTENANT INTEREST. THE DESCRIPTION OF THE CONDOMINIUM PROPERTY IS : FIRSTY: PT OF BLKS 2 & 3 PL 616-E PTS 1, 2 & 3 PL 66R-19671 CITY OF TORONTO. SECONDLY: PT OF BLKS 1, 2 & 3 PL 616-E PTS 1 TO 15 PL 66R-16486, SAVE AND EXCEPT PART 3 PLAN OF EXPROPRIATION AT4488853, CITY OF TORONTO.; S/T & T/W AS SET OUT IN SCHEDULE "A" OF THE DECLARATION NO. AS IN AT-256269. |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C01 |
| Postal Code | M5J 2X1 |
| Area | Waterfront Communities C1 |
| Listing VS Median (in M5J 2X1) | |
Price: $178,888 low | high Med: $218,944 sqft: 1,200 low | high Med: 850 $ / sqft: $149 low | high Med: $334 On site: 182 low | high Med: 108 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C01 |
| Postal Code | M5J 2X1 |
| Area | Waterfront Communities C1 |
| Listing VS Median (in M5J 2X1) | |
Price: $178,888 low | high Med: $218,944 sqft: 1,200 low | high Med: 850 $ / sqft: $149 low | high Med: $334 On site: 182 low | high Med: 108 | |
