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$3,450,000
Ontario,Toronto (Kensington-Chinatown)
For Sale Active
518 QUEEN STREET W, Toronto (Kensington-Chinatown), Ontario M5V2B3
  • 3,714 Sqft
Basic Details
Description

518 Queen St West is a prime commercial property in Toronto’s high-traffic West Queen West (WQW) neighbourhood-one 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 1,614 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 Toronto’s most dynamic neighbourhoods. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: C12551728
  • Price: $3,450,000
  • Square Footage: 3,714 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 216900
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Toronto (Kensington-Chinatown), M5V2B3
  • Street: Queen
  • Street Number: 518
  • Street Suffix: Street
  • Longitude: W80° 35' 53.7''
  • Latitude: N43° 38' 52.2''
  • Street Dir Suffix: West
Additional Information
  • Water Source:
  • Lot Size Dimensions: Unit=20.5 x 143.08 FT
Financial
  • Tax Annual Amount: 36519
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Listing updated: 2025-11-17 23:12:29
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Listing Information
  • List Agent Key: 1597442
  • List Office Key: 216900
  • Modification Timestamp: 2025-11-17T21:25:11Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2025-11-17T21:12:19Z
Powered by REALTOR.ca
Listing updated: 2025-11-17 23:12:30

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