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$ 5,900,000
Est. payment | /mo
3,487 SqFt
$ 5,900,000
Est. payment | /mo
3,487 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3487
Square Footage 3,487 sqft
Price per Sqft $1,691
Subdivision Moss Park
MLS® Listing ID C12554222
Property Description
Exceptional investment and redevelopment opportunity in the heart of downtown Toronto. Located at 250 Queen Street East, this high-visibility mixed-use property offers premium land positioning directly across from active high-rise development and within easy distance to the Eaton Centre, Queen Station, Financial District, TMU, George Brown, hospitals, and major employment hubs. The main level features a spacious vacant 3,487 sq ft commercial space suitable for retail, service, hospitality, wellness, office, or creative commercial uses. Strong foot and vehicle traffic provide excellent visibility and branding potential. Above the commercial space is a licensed 20-room apartment complex totaling approx. 4,418 sq ft, offering immediate rental income and flexible future options. Ideal for investors seeking both cash flow and long-term upside. Total above-ground area: 7,905 sq ft. Located in the rapidly transforming Moss Park corridor, surrounded by new and proposed condominium towers, modern retail, transit routes, and ongoing revitalization. This is one of Toronto's most active areas for urban intensification and mixed-use development. Perfect for developers, land bankers, end-users, or value-add investors looking for a downtown asset with future potential. Prime Queen Street East exposure, unmatched walkability, and strong long-term appreciation fundamentals make this a rare opportunity in Toronto's core. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Sanitary sewer
Listed by CENTURY 21 HERITAGE GROUP LTD.
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Franco Maione
Real Broker