$3,500,000
FOR SALE

Commercial/Retail

Lot: 20.5 x 143 ft

518 Queen Street W
Toronto (Kensington-Chinatown), ON M5V 2B3

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. (id:47421)
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Listed By REALOSOPHY REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C12004724
Last Updated Mar 06, 2025
Property Summary
Property Type Commercial/Retail

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Community Kensington-Chinatown
Price History

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Detailed Information
Lot 20.5 x 143 ft
Listing Contract Date 2025-03-06
Location Description QueenSt.W./BathurstSt.
Property Type Retail
Transaction Type For sale
Zoning Description CR3(c2;r2*1385)
Building
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Other
Utility Water Municipal water
Land
Total Size 20.5 x 143.08 FT
Size of Irregular Land 20.5 x 143.08 FT

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