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$3,500,000
Available - For Sale
Listing ID: C12004724
518 Queen St West is a prime commercial property in Torontos high-traffic West Queen West (WQW) neighbourhoodone of the city's most sought-after locations. This exceptional building boasts a 20+ foot frontage on a deep 143-foot lot, across from Loblaws, BMO and more making it a standout opportunity for investors and business owners alike.The renovated main-floor retail space offers 1,523 sq. ft. of premium commercial space, perfect for retail, showroom, or hospitality use, benefiting from constant foot traffic and excellent visibility. The property also features lane way access at the rear, providing convenience for deliveries and potential for future development in this prime downtown corridor.The second and third floors present incredible flexibility, currently configured as modern residential apartments with two kitchens, two three-piece bathrooms, and hardwood floors throughout. Laundry is located on the third floor, adding convenience for tenants. Keep as-is for excellent rental income or convert into two separate suites for added value.Situated in an unbeatable downtown location, this property is steps from Trinity Bellwoods, the Fashion District, and Kensington Market, with seamless access to the 24-hour Queen Streetcar, ensuring easy connectivity across the city. With strong investment potential and future redevelopment possibilities this is a rare opportunity in one of Torontos most dynamic neighbourhoods.
Price $3,500,000
Taxes: $36,519.62
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 518 Queen St West , Toronto, M5V 2B3, Ontario
Postal Code: M5V 2B3
Province/State: Ontario
Legal Description: PT LT 9N/SQUEENSTPL 65TORONTOAS INCT2381
Lot Size: 20.5 x 143.08 (Feet)
Directions/Cross Streets: QueenSt.W./BathurstSt.
Zoning: CR3(c2;r2*1385)
Category: Retail
Building Percentage: N
Total Area: 3,714
Total Area Code:  Sq Ft
Retail Area: 1614
Retail Area Code: Sq Ft
Financial Statement: Y
Chattels: Y
Sprinklers: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm Avail
Water: Municipal
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REALOSOPHY REALTY INC.

518 Queen St West , Toronto, M5V 2B3, Ontario

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Commercial/Retail
Area: Toronto
Municipality: Toronto
Neighbourhood: Kensington-Chinatown
Style:
Lot Size: 20.50 x 143.08(Feet)
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Tax: $36,519.62
Maintenance Fee: $0
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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