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$ 1,599,000
Est. payment /mo
Active
1696 Queen ST W Toronto W01, ON M6R 1B3
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Municipality Toronto W01
Subdivision Roncesvalles
MLS Listing ID W12951946
Annual Tax Amount $16,230
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
Excellent opportunity for both end users and investors! This well-maintained commercial building offers strong income potential and exceptional flexibility. Featuring prominent street presence with large storefront windows, the property attracts both foot and vehicle traffic, making it ideal for a wide range of retail or service-based businesses. The commercial unit provides over 1,200 sq. ft. of space plus a full basement, offering ample room for operations, storage, or expansion. The space boasts excellent ceiling height, hardwood floors, a bathroom, and a storefront in excellent condition. Zoning permits a variety of retail uses, enhancing its versatility. Existing commercial tenants are flexible and can stay or vacate for your own use. To boost its investment appeal, two sizable one-bedroom apartments generate additional income. One unit has been recently renovated, and both are easy to rent, ensuring reliable cash flow. Additional features include updated electrical and roof, as well as ample parking at the rear of the building. Conveniently located near key amenities and transportation routes, this property combines accessibility with long-term value. A rare income-generating opportunity in a desirable location - ideal for investors or owner-operators alike.
Location
Province ON
County Toronto
Community Toronto W01
Area Toronto
Zoning CR2.5(c1;r2*1766)
Interior
Cooling Yes
Exterior
Parking Features None
Utilities Available Yes
Building
Lot Description Lot
Lited by KELLER WILLIAMS REFERRED URBAN REALTY