1656 Queen Street W
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 of 1656 Queen Street W
MLS® # | W12425002 |
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Price | $1,600,000 |
Bedrooms | 2 |
Bathrooms | 1.00 |
Square Footage | 1500-2000 |
Type | Residential Freehold |
Sub-Type | Multiplex |
Style | 2-Storey |
Status | Active |
Community Information
Address | 1656 Queen Street W |
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Area | Toronto |
Neighborhood | Roncesvalles |
City | Toronto W01 |
Province | ON |
Postal Code | M6R 1B2 |
Amenities
Parking Spaces | 2 |
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Garage Type | Carport |
Pool | None |
Interior
Heating | Forced Air |
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Cooling | Central Air |
Fireplace | No |
Basement | Finished |
Exterior
Exterior | Brick |
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Listing Details
Office | PSR |
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