1656 Queen St W

Toronto, ON M6R 1B2
  • $1,600,000

    Price
  • 2

    Bed
  • 1

    Bath
  • 1,500

    SqFt

About the Listing 136900 -

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.

Listing Highlights for 1656 Queen St W

Status Active
Days on Site 41
Property Type Multi-Family
MLS ® W12425002
Year Built
Total Square Footage 1,500
Lot/Acreage N/A
County Toronto
Neighborhood Roncesvalles

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof: Flat,Membrane
  • Others:
  • Sewer: Sewer
  • Parking Features: Carport

Financial Details

  • Tax Amount: $14,946
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 213880214
  • Tax Year: 2025

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1656 Queen St W Toronto, ON M6R 1B2

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