1656 Queen Street W, Toronto W01, ON

$1,600,000

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2

Beds

1

Bath

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
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
Area Toronto
Neighborhood Roncesvalles
City Toronto W01
Province ON
Postal Code M6R 1B2

Amenities

Parking Spaces 2
Garage Type Carport
Pool None

Interior

Heating Forced Air
Cooling Central Air
Fireplace No
Basement Finished

Exterior

Exterior Brick

Listing Details

OfficePSR

Listing Map

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