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$ 1,749,000
Est. payment | /mo
4 Baths
$ 1,749,000
Est. payment | /mo
4 Baths
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Municipality Toronto C08
Subdivision Moss Park
MLS Listing ID C13089180
Annual Tax Amount $11,649
Tax Year 2026
Property Sub-Type Store W Apt/Office
Property Description
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.
Location
Province ON
County Toronto
Community Toronto C08
Area Toronto
Zoning Cr4.5(C2.0 R4.0)
Interior
Cooling No
Inclusions All items belonging to the tenants, including the staged owners' suite and commercial space.
Exterior
Utilities Available Yes
Lot Frontage 13.0
Lot Depth 70.0
Building
Building Age 100+
Others
Security Features No
ParcelsYN No
Listed by BOSLEY REAL ESTATE LTD.
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