Excellent opportunity for both end users and investors! This well-maintained commercial building offers strong income potential and exceptional flexibility. Featuring prominent street presence with large storefront windows, the property attracts both foot and vehicle traffic, making it ideal for a wide range of retail or service-based businesses. The commercial unit provides over 1,200 sq. ft. of space plus a full basement, offering ample room for operations, storage, or expansion. The space boasts excellent ceiling height, hardwood floors, a bathroom, and a storefront in excellent condition. Zoning permits a variety of retail uses, enhancing its versatility. Existing commercial tenants are flexible and can stay or vacate for your own use. To boost its investment appeal, two sizable one-bedroom apartments generate additional income. One unit has been recently renovated, and both are easy to rent, ensuring reliable cash flow. Additional features include updated electrical and roof, as well as ample parking at the rear of the building. Conveniently located near key amenities and transportation routes, this property combines accessibility with long-term value. A rare income-generating opportunity in a desirable location - ideal for investors or owner-operators alike.
Address
1696 Queen Street W
List Price
$1,599,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
Sale
Area
Toronto W01
Sub-Area
Roncesvalles
Region
Toronto
Lot Size Source
MPAC
Lot Depth
120.45
Lot Type
Lot
Lot Size Units
Feet
Lot Width
19.62
Parcel Number
213880200
Total Building Area
2480
Occupant Type
Tenant
Cross Street
queen & roncesvalles
MLS® Number
W12951946
Listing Brokerage
KELLER WILLIAMS REFERRED URBAN REALTY
Basement
Yes
Postal Code
M6R 1B3
Posession Details
TBA
Parking Spaces
4
Tax Amount
$16,230.00
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Hot Water
Cooling Features
Yes
Garage Type
None
Security Features
No
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