25
See all 25 photos
$1,600,000
Est. payment /mo
2 Beds
1 Bath
Active
1656 Queen ST W Toronto, ON M6R 1B2
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Roncesvalles
MLS Listing ID W12425002
Style 2-Storey
Bedrooms 2
Annual Tax Amount $14,946
Tax Year 2025
Property Sub-Type Multiplex
Property Description
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.
Location
Province ON
County Toronto
Community Roncesvalles
Area Toronto
Rooms
Family Room No
Basement Finished
Kitchen 1
Interior
Interior Features Other
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Other
Pool None
Roof Type Flat,Membrane
Lot Frontage 17.45
Lot Depth 100.0
Total Parking Spaces 2
Building
Foundation Other
Others
ParcelsYN No
Listed by PSR
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