2 Beds 1 Bath

1656 Queen Street W, Toronto W01, ON M6R 1B2

Toronto W01 M6R 1B2 Ontario

MLS: W12425002

$1,600,000

Added 2 hours ago | For Sale

Listed by: PSR

About Property

Fully renovated mixed-use investment property. A rare opportunity to acquire a turn-key mixed-use building in the high demand Parkdale corridor of Queen Street West. This property has been fully renovated and modernized from top to bottom, providing a strong, low-maintenance investment with dual income streams. Investment Highlights - Main floor commercial unit: currently leased to a professional skin clinic, benefiting from high pedestrian and vehicle traffic along Queen West. Upper-level residential: spacious and fully renovated 2-bedroom + living room apartment, offering excellent rental income potential or live-work flexibility. Capital Improvements: complete renovation includes new mechanical, electrical, plumbing, cabinetry, and windows - significantly reducing future capital expenditures. Location Advantage: situated in one of Toronto's most dynamic neighbourhoods, steps to transit, retail, and a growing residential base that supports strong commercial tenancy. Key Features - entire building gut-renovated and fully updated; prime Queen St W exposure with strong tenant visibility; secure commercial and residential rental streams; low operating costs with all major systems recently upgraded; perfect for investors seeking a stabilized, turn-key asset in a thriving Toronto neighbourhood.

Features

  • House Style:Multiplex
  • Bathrooms:1
  • Land Size: 17.45 X 100
  • Water:Municipal
  • Garage Spaces: /Carport
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Queen & Roncesvalles
  • Basement:Finished , Finished
  • Possession Date:TBD
  • Annual Property taxes: $13923.45
  • Bedrooms:2
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:W12425002

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