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Last Updated : 74 Days ago
502 Queen Street W, Toronto, ON, Kensington-Chinatown
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502 Queen Street W, Toronto MLS Number: C13704106

Kensington-Chinatown, Toronto, ON, M5V 2B3

$4,500,000

Status: For Sale

  • Property Type: Commercial (Commercial Retail)
  • Property Taxes : $48000.0 (Tax Year:2025)
  • Listing Courtesy : Re/max Ace Realty Inc.

502 Queen Street W Property Description

Prime Queen Street West Restaurant Opportunity. Discover an exceptional turnkey restaurant opportunity in the heart of Toronto's highly sought-after Queen West neighborhood, ideally located between Spadina Avenue and Bathurst Street. The space is fully built out and professionally fitted as a turnkey restaurant, allowing an incoming operator to open with minimal additional investment. All owned equipment, fixtures, and essential restaurant infrastructure are included in the sale. The property has been exceptionally well maintained and features numerous upgrades over the years, including a full building sprinkler system and an upgraded gas line. Rear lane access offers convenient loading and servicing, enhancing day-to-day restaurant functionality. Current status: Leased through July 2027. The buyer must assume the tenant for the remaining lease term. Don't miss this chance to join one of Toronto's most vibrant and desirable commercial districts.

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502 Queen Street W Property Facts

Property Type :Commercial
MLS Number :C13704106
Listing Type :Sale
Possession Date :
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Last Updated :22 Aug, 2026 (74 Days ago)
Source :Toronto Regional Real Estate Board
Area :Toronto
Postal Code : M5V 2B3
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502 Queen Street W Property Price & Tax Insights

Price : $4,500,000
Property Taxes :$48000.0
Tax Year :2025

502 Queen Street W, Toronto Property Details

Air Conditioning :Yes
Heating :Gas Forced Air Open
Cross Street :Queen/Portland
Fireplace/Stove :No
Virtual Tour

502 Queen Street W, Toronto - Price History

2026-08

22 Aug, 2026

TREB #C13704106

Listed

$4500000.0

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  • 800k
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  • 1.6M
  • 2M+
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  • 12
  • 18
  • 24
  • 30+
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  • 6
  • 12
  • 18
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  • 30+

502 Queen Street W - Location Map and Landmarks

  • Osgoode Subway, Toronto 1.21 km
  • St Patrick Subway, Toronto 1.32 km
  • St Andrew Subway, Toronto 1.33 km
  • Queen'S Park Subway, Toronto 1.59 km
  • Union Train Station, Toronto 1.71 km
  • Union Station Subway, Toronto 1.73 km
  • Union Go Station, Toronto 1.75 km
  • Queen Subway, Toronto 1.85 km
  • Billy Bishop Toronto City Airport, Toronto 1.88 km
  • King Subway, Toronto 1.89 km
  • Oasis Alternative Secondary School, Toronto 0.35 km
  • Alpha Alternative Junior School, Toronto 0.35 km
  • St Mary Catholic Elementary School, Toronto 0.35 km
  • Ryerson Community School, Toronto 0.39 km
  • Ogden Junior Public School, Toronto 0.55 km
  • Charles G Fraser Junior Public School, Toronto 0.66 km
  • Niagara Street Junior Public School, Toronto 0.71 km
  • Heydon Park Secondary School, Toronto 0.96 km
  • Ocad University - Abovegrd Art Supplies, Toronto 0.98 km
  • Ocad University - Main Building, Toronto 0.99 km
  • University Health Network - Toronto Western, Toronto 0.68 km
  • Toronto Western Hospital, Toronto 0.7 km
  • Krembil Research Institute, Toronto 0.77 km
  • University Health Network - Toronto Rehabilitation Institute, Toronto 1.32 km
  • Sinai Health System - Mount Sinai, Toronto 1.38 km
  • 80 Workman Way, Toronto 1.38 km
  • Mount Sinai Hospital, Toronto 1.38 km
  • Princess Margaret Hosp, Toronto 1.44 km
  • University Health Network - Princess Margaret Cancer Centre, Toronto 1.45 km
  • Mount Sinai Hospital Special Pregnancy Program, Toronto 1.48 km
  • Shoppes On Queen West, Toronto 0.06 km
  • Riocan, Toronto 0.39 km
  • Chinatown Centre, Toronto 0.42 km
  • China City Supermarket, Toronto 0.54 km
  • Lusitania Grocery Ltd, Toronto 0.54 km
  • Dragon City Mall, Toronto 0.55 km
  • Kitchen Table, Toronto 0.55 km
  • Kai Wei Supermarket, Toronto 0.56 km
  • Ho Long Supermarket, Toronto 0.58 km
  • Oriental Harvest, Toronto 0.65 km
  • Queen Street West and Portland Street, Toronto 0.02 km
  • Portland Street and Richmond Street West, Toronto 0.11 km
  • Augusta Avenue and Queen Street West, Toronto 0.14 km
  • Augusta Avenue and Richmond Street West, Toronto 0.17 km
  • Bathurst Street and Queen Street West, Toronto 0.23 km
  • Portland Street and Adelaide Street West, Toronto 0.25 km
  • Adelaide Street West and Bathurst Street, Toronto 0.34 km
  • King Street West and Portland Street, Toronto 0.4 km
  • Queen Street West and Spadina Avenue, Toronto 0.42 km
  • Richmond Street West and Spadina Avenue, Toronto 0.44 km
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FAQs: 502 Queen Street W, Toronto

  • Q: Does this Project 502 Queen Street W available for Sale ?

    A: The project 502 Queen Street W is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 502 Queen Street W is Offering?

    A:Square Yards is giving a Cashback of $22,500 if you buy this property from us, however there are several key features offered by the 502 Queen Street W. You get + Beds with Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 502 Queen Street W, Toronto?

    A: 502 Queen Street W, Toronto comes with + Beds for maximum convenience and space. There are baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Toronto, On?

    A:Toronto, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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