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1656 Queen Street W Toronto, Ontario M6R 1B2

2 Bedroom 1 Bathroom 1,500 - 2,000 ft2
Central Air Conditioning Forced Air

$1,600,000

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. (id:51158)

Property Details

MLS® Number W12425002
Property Type Multi-family
Community Name Roncesvalles
Parking Space Total 2

Building

Bathroom Total 1
Bedrooms Above Ground 2
Bedrooms Total 2
Basement Development Finished
Basement Type N/a (finished)
Cooling Type Central Air Conditioning
Exterior Finish Brick
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,500 - 2,000 Ft2
Type Other
Utility Water Municipal Water

Parking

Carport
No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 17 Ft ,6 In
Size Irregular 17.5 X 100 Ft
Size Total Text 17.5 X 100 Ft

https://www.realtor.ca/real-estate/28909340/1656-queen-street-w-toronto-roncesvalles-roncesvalles

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