ON > Toronto C01 > Kensington-Chinatown
Toronto C01, ON M5V 2B3,518 Queen ST W
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Toronto C01, ON M5V 2B3,518 Queen ST W
Toronto C01, ON M5V 2B3,518 Queen ST W
Toronto C01, ON M5V 2B3,518 Queen ST W
Toronto C01, ON M5V 2B3,518 Queen ST W
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 3,500,000
Est. payment /mo
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Active

518 Queen ST W Toronto C01, ON M5V 2B3

3,714 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,714 sqft

Price per Sqft $942

Subdivision Kensington-Chinatown

MLS Listing ID C12004724

Annual Tax Amount $36,519

Tax Year 2024

Property Sub-Type Commercial Retail

Lot Depth 143.08

Lot Front 20.5

Property Description

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. Excellent rental income and a 5.8% Cap rate.

Location

Province ON

County Toronto

Community Kensington-Chinatown

Area Toronto

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 20.5

Lot Depth 143.08

Others

Security Features No

Virtual Tour https://www.518queenstwest.com

Listed by REALOSOPHY REALTY INC.
agent

Jethro Seymour

Broker

+1(416) 712-0767

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518 Queen ST W

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