1656 Queen Street W Toronto, Ontario M6R 1B2
$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:61852)
Property Details
| MLS® Number | W12425002 |
| Property Type | Multi-family |
| Neigbourhood | Little Tibet |
| Community Name | Roncesvalles |
| ParkingSpaceTotal | 2 |
Building
| BathroomTotal | 1 |
| BedroomsAboveGround | 2 |
| BedroomsTotal | 2 |
| BasementDevelopment | Finished |
| BasementType | N/a (finished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| Carport | |
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 100 Ft |
| SizeFrontage | 17 Ft ,6 In |
| SizeIrregular | 17.5 X 100 Ft |
| SizeTotalText | 17.5 X 100 Ft |
https://www.realtor.ca/real-estate/28909340/1656-queen-street-w-toronto-roncesvalles-roncesvalles
Interested?
Contact us for more information
David Shirazi Rad
Broker
625 King Street West
Toronto, Ontario M5V 1M5
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October 05 2025 03:22:31
Toronto Real Estate Board
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