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$1,600,000
Available - For Sale
Listing ID: W12424997
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.
Price $1,600,000
Taxes: $14,946.1
Tax Type: Annual
Occupancy by: Tenant
Address: 1656 Queen Stre West , Toronto, M6R 1B2, Toronto
Postal Code: M6R 1B2
Province/State: Toronto
Legal Description: PT LT 29 PL 591 PARKDALE AS IN WG131529
Directions/Cross Streets: Queen & Roncesvalles
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Category: Retail
Building Percentage: F
Total Area: 2,000
Total Area Code:  Square Feet
Office/Appartment Area: 1000
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Franchise: F
Maintenance: 0
Sprinklers: No
Clear Height Feet: 10
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Storm
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PSR

1656 Queen Stre West , Toronto, M6R 1B2, Toronto


 
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At a Glance:
Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto W01
Neighbourhood: Roncesvalles
Style:
Lot Size: x 100.00(Feet)
Approximate Age:
Tax: $14,946.1
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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