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    For Sale - 33 Queen St Street, North Stormont, Ontario

    Est payment $4,797/mo
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    Views   2
    Time on Jump  14 day

    AI Summary *

    • Prime location in the rapidly expanding community of Crysler.
    • Multi-income asset with retail, hospitality, and residential options.
    • Established pharmacy tenant ensuring steady foot traffic since 2016.
    • High-performing restaurant with potential for income growth and less competition.
    • Spacious 2-bedroom apartment provides additional rental income or owner-occupancy.




    Prime mixed-use landmark with massive upside - the hub of crysler. Seize a rare opportunity at 33 queen street, the premier commercial landmark in the rapidly expanding community of crysler. This versatile multi-income asset features a stable retail tenant, a high-performing hospitality business, and a residential unit, all strategically positioned to capitalize on the region's massive residential surge. The property is anchored by a front-facing pharmacy (tenant since 2016) on a flexible month-to-month lease, providing a solid foundation of essential foot traffic. The renowned side door family restaurant generates approximately $250,000 in annual revenue on a highly optimized "lifestyle" schedule of just 36 hours per week (thurs-sun), leaving immediate and massive potential to scale income by expanding to full-week service. Significantly, the restaurant enjoys a dominant market position with no close surrounding competition, ensuring it remains the primary dining destination for the area. Having already seen a 30% revenue increase post-recovery, the business is perfectly poised to serve the 800-unit "villages of crysler" subdivision expansion, with phase 1 (100 homes) set for completion by spring 2026. This offering is completed by a spacious 2-bedroom apartment at the rear, ideal for an owner-occupier or as a third rental stream to maximize the cap rate. Backed by the township's 2025 infrastructure upgrades and lower property taxes compared to surrounding areas, this turnkey property offers the perfect blend of immediate cash flow and explosive growth in ottawa's fastest-growing "bedroom community. The property only will be sold with restaurant business together.
    Listing IDX12875902
    Address33 Queen St Street
    CityNorth Stormont, Ontario
    Price$999,000
    StyleCommercial Retail
    Land Size28783
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailBasement 1Heating / Cooling Radiant

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    Listing Agency:  RE/MAX HALLMARK REALTY GROUP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    33 Queen St Street
    North Stormont , Ontario
    $999,000
    Get more info