Added 5 days ago
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Type: Commercial/Retail
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Property Type: Commercial
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Zoning: CR3(c2;r2*1385)
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Age: No Data
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Taxes: 36519.62
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MLS®#: C12004724
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Added: Mar 06, 2025 (5 days ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: REALOSOPHY REALTY INC.
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.
Property
Status: Sale
Property Type: Commercial/Retail
Property Type: Retail
Area: Toronto
Community: Kensington-Chinatown
Availability Date: TBD
Assessment Year: 2024
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Heat Type: Gas Forced Air Open
Elevator: None
Energy Certificate: N
Green Verification Status: N
Freestanding: N
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2024
Tax Legal Description: PT LT 9N/SQUEENSTPL 65TORONTOAS INCT23812;CITYOFTORONTO
Taxes: $36,520
Taxes Type: Annual
Land
Cross Street: QueenSt.W./BathurstS
Municipality District: Toronto C01
Parcel Number: 212370184
Sewer: San+Storm Avail
Lot Depth: 143.08 Feet
Lot Frontage: 20.5 Feet
Zoning: CR3(c2;r2*1385)
Additional Media
- Virtual Tour: https://www.518queenstwest.com
Commercial Specific
Retail Area: 1614
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 3714
Total Area Metric: Sq Ft
Tangible Property Included: Y
Lot Code: Lot
Financial Statement: Y
Downtown Vocal Music Academy of Toronto
Elementary: PublicALPHA Alternative Junior School
Elementary: PublicNiagara Street Junior Public School
Elementary: PublicOgden Junior Public School
Elementary: PublicSt Mary Catholic School
Elementary: CatholicRyerson Community School Junior Senior
Elementary: PublicOasis Alternative
Secondary: PublicCity School
Secondary: PublicSubway Academy II
Secondary: PublicHeydon Park Secondary School
Secondary: PublicContact Alternative School
Secondary: PublicCentral Technical School
Secondary: Public
- 0 bath
- 0 bed
983 Dupont Street, Toronto, Ontario • M6H 1Z5 • Dovercourt-Wallace Emerson-Junction
