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:61215)

Property Details

MLS® Number	W12425002
Property Type	Multi-family
Community Name	Roncesvalles
Parking Space Total	2

Building

Bathroom Total	1
Bedrooms Above Ground	2
Bedrooms Total	2
Basement Development	Finished
Basement Type	N/a (finished)
Cooling Type	Central Air Conditioning
Exterior Finish	Brick
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,500 - 2,000 Ft2
Type	Other
Utility Water	Municipal Water

Parking

Carport
No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	100 Ft
Size Frontage	17 Ft ,6 In
Size Irregular	17.5 X 100 Ft
Size Total Text	17.5 X 100 Ft

https://www.realtor.ca/real-estate/28909340/1656-queen-street-w-toronto-roncesvalles-roncesvalles