499 Queen Street, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail 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 $1 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 31.14 x 96.63 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Colliers is pleased to present a rare flagship retail opportunity on Queen Street West. 2,800 square feet of ground floor space plus 1,000 sq ft mezzanine with expansion potential, featuring approximately 32 feet of prime frontage and dramatic ceiling heights approaching 30 feet, creating a bright, open environment ideal for standout retail, showroom or experiential concepts. Includes approximately 2,800 sq ft basement space with 10 foot ceilings, and a new direct street level entrance, allowing for flexible layouts, multiple uses, or potential for separate occupancies. Rear lane access via Graffiti Alley provides convenient loading and unmatched branding exposure along one of Toronto's most iconic pedestrian corridors. Offered vacant or tenanted, this is a premier opportunity for owner users, investors, or brands to establish a commanding presence in one of Canada's most dynamic and supply constrained retail nodes.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 499 Queen Street W, Toronto C01, ON M5V 2B4
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 $1 in Toronto, the legal minimum down payment is $0 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 $0 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $0 also applies, bringing the total estimated land transfer taxes to $0.
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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.
