1656 Queen ST W Pending

Toronto W01,ON M6R 1B2

$ 1600000

- Bed

- Bath

2000 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Pending

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $800

Subdivision Roncesvalles

MLS Listing ID W12424997

Annual Tax Amount $14,946

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

Fully renovated mixed-use investment property. A rare opportunity to acquire a turn-key mixed-use building in the high demand Parkdale corridor of Queen Street West. This property has been fully renovated and modernized from top to bottom, providing a strong, low-maintenance investment with dual income streams. Investment Highlights - Main floor commercial unit: currently leased to a professional skin clinic, benefiting from high pedestrian and vehicle traffic along Queen West. Upper-level residential: spacious and fully renovated 2-bedroom + living room apartment, offering excellent rental income potential or live-work flexibility. Capital Improvements: complete renovation includes new mechanical, electrical, plumbing, cabinetry, and windows - significantly reducing future capital expenditures. Location Advantage: situated in one of Toronto's most dynamic neighbourhoods, steps to transit, retail, and a growing residential base that supports strong commercial tenancy. Key Features - entire building gut-renovated and fully updated; prime Queen St W exposure with strong tenant visibility; secure commercial and residential rental streams; low operating costs with all major systems recently upgraded; perfect for investors seeking a stabilized, turn-key asset in a thriving Toronto neighbourhood.

Location

State ON

County Toronto

Community Roncesvalles

Area Toronto

Zoning Commercial/Residential

Interior

Cooling Yes

Inclusions New alarm and security camera system, LED lighting throughout, exterior LED pot lights, oak stain floors, exposed brick and cinder block, 10ft pressed ceiling, 4 parking spots.

Exterior

Utilities Available Available

Lot Frontage 17.45

Lot Depth 100.0

Others

Security Features No

ParcelsYN No

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