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$ 1,600,000
Est. payment /mo
Pending
1656 Queen ST W Toronto W01, ON M6R 1B2
2,000 SqFt
UPDATED:
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
Listed by PSR
