Queen Street West may be getting a new 4,200 square foot fifth-floor penthouse suite if a property owner and the city can come to terms.
The old McCaul Variety on the corner of Queen and McCaul, a long-time corner store from the days when that strip of Queen Street was known for its wicker shops and silk-screened t-shirt kiosks, may soon be disappearing.
Though out of business as a corner store for some time, the well-placed storefront, owned by United Republic of Properties, has recently been used as a promotional space by
Juxta Productions for movies
Daybreakers and
Sherlock Holmes. But if UPR gets city approval, there'll be a five-storey mixed-use brick and glass building taking its place.
"Ideally, we're trying to get a fashion tenant and make it a gateway to that Queen Street West area," says Mark Veilleux of
CB Richard Ellis, who's handling the leasing. The city's already agreed, he says, to expand the sidewalk on McCaul by five feet. "It'll give it almost a little piazza-type look," Veilleux says.
Of the possible penthouse, Veilleux says, "There'll be areas for a terrace; it could be a pretty spectacular apartment."
Writer: Bert Archer
Source: Mark Veilleux