1087-1089 Queen Street, Toronto, ON
GTA Transit & Commute from this Address
Realistic rush-hour travel times from 1087-1089 Queen Street
TTC Subway & GO Transit network: 10–25 min to Financial Core
Gardiner, DVP & 401: 5–12 min drive
Billy Bishop (YTZ): 10–15 min | Pearson (YYZ): 25 min
Property Highlights
Welcome to this remarkable office located in the coveted neighborhood of Waterfront Communities C1. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $16,900,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 50 x 130.46 ft lot size
- equipped with yes central cooling and highly efficient gas hot water heating
Description
1087-1089 Queen Street West "The Great Hall" represents an unparalleled opportunity to acquire a fully leased iconic landmark investment property at the corner of Queen Street and Dovercourt Road in the heart of West Queen West. It was originally constructed for the first ever YMCA in Toronto and designed by the prominent architectural firm Gordon & Helliwell, well known for their many distinctive churches and institutional structures across Southern Ontario. The Property is currently configured for use as a restaurant on the main floor, event venue space in the lower level and main floor, event venue space on the 2nd and 3rd floor, and offices on the third and fourth floor. The total gross floor area (GFA) of the building is 32,598 square feet and the total net leaseable area is 29,115 square feet. The Property is capable of offering exceptional urban retail environments for numerous uses and also has the potential for further value creation through assemblage over time, or moderate urban redevelopment of the existing site. The Vendor currently leases Units 400, 402 and 408 at above-market rents, with the existing lease expiring on December 31, 2027.Upon closing, the Vendor will enter into a new three-year lease, covering both the currently occupied units and the remaining vacant office units, being Units 405, 407, 409 and 410.
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Property Summary
This office located at 1087-1089 Queen Street, Toronto is currently for sale and has been available for 152 days. This property is listed at $16,900,000 with an estimated mortgage of $56,254* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1087-1089 Queen Street, Toronto is in the Waterfront Communities C1 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Waterfront Communities C1, Toronto.
- •Desirable Office architecture in Waterfront Communities C1, Toronto
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- Yes
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this office at 1087-1089 Queen Street, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Toronto Buyer Budget & Costs
Estimated mortgage: $56,254*/month*. Estimated Ontario Land Transfer Tax: $817,950. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about 1087-1089 Queen Street, Toronto, ON
Q.What is the asking price for 1087-1089 Queen Street, Toronto, ON ?
The current listing price for 1087-1089 Queen Street, Toronto, ON in Waterfront Communities C1, Toronto is $16,900,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 1087-1089 Queen Street, Toronto, ON ?
1087-1089 Queen Street, Toronto, ON is a Office () featuring a basement.
Q.What security features are installed at 1087-1089 Queen Street, Toronto, ON ?
Security features include: Yes.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Open in Google MapsNeighborhood Safety & Crime Analytics
Waterfront Communities C1, Toronto
161 assaults (45.0/100k)
43 B&E (40.0/100k)
60 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 1087-1089 Queen Street W, Toronto, ON M6J 1H3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $16,900,000 in Toronto, the legal minimum down payment is $3,380,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $408,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $408,975 also applies, bringing the total estimated land transfer taxes to $817,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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