179, Queen, Moss Park, Toronto, Commercial

MLS® Number C13089180
For Sale   $ 1,749,000
  • 4 baths | 
  • 3027 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Commercial Store W Apt/Office For Sale.

End-user opportunity at 179 Queen Street East with vacant possession of the commercial component and the owner's suite on closing. A 3-storey, 3-unit mixed-use building on the Queen East corridor: main-floor and lower-level commercial (vacant); a fully renovated middle-floor 1-bedroom apartment (leased); and a 2-storey, 2-bedroom owner's suite on the top floor with a private rooftop terrace (vacant). Current ownership raised the main floor and opened up the basement, doubling the building's usable commercial envelope - what was a low-ceiling basement is now a second full storey of retail, paired with the existing main-floor retail. A future owner can occupy the entire commercial component across two full levels, or lease both floors to a single retail tenant, while moving into the top-floor owner's suite. The building has been fully rewired with two new electrical panels in the basement and new windows throughout. The middle-floor 1-bedroom is fully renovated with new appliances and in-suite laundry. A new staircase services the residential suites. Position: end-user-ready commercial plus owner-occupier suite, with stabilized middle-floor income. Directly across the street from the future Moss Park station on the Ontario Line, currently under construction - a rare chance to acquire a transformed mixed-use building at a future rapid-transit node before the station opens, with the long-term reratings in foot traffic, retail rents, and residential demand that come with being steps from a new subway stop. Tenured Queen East corridor steps to the Distillery District and St. Lawrence Market, with a demand floor across daytime retail traffic, downtown professionals, and creative-sector tenants.

Cross Street: Queen And Jarvis

Key Facts

  • Days on: 0 days
  • Mls Status: New
  • Board Property Type: Com
  • Bathrooms Total Integer: 4
  • Lot Type: Lot
  • Lot Width: 13.00
  • Parking Spaces: 1
  • Garage Type: Lane
  • Heat Type: Baseboard
  • Cooling: No
  • Building Area Total: 3027 Square Feet
  • Retail Area: 1372 Sq Ft

Location 179, Queen, Moss Park, Toronto

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Kate Naccarato
Sales Representative 416-779-6085