1656 Queen Street

Toronto, ON M6R 1B2 ( Roncesvalles)

Quick Facts

Type: Multiplex

Style: 2-Storey

Size: Sq Ft

Age: Years

Taxes: $ 14,946 ( 2025)

Updated: 2025-09-26 15:39:11

Description

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.

Extras

Multiplex

Property

Status: For Sale

MLS #: W12425002

Price: $ 1,600,000

Address: 1656 Queen Street

Type:

Style: 2-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 14,946

Tax Year: 2025

Lot Size:

Neighbourhood: Roncesvalles

Nearest Intersection: Queen & Roncesvalles

City: Toronto

Postal Code: M6R 1B2

DOM: 8 Days

Last Update: 2025-09-26 15:39:11

Building

Interior

Bedrooms: 2

Bathrooms: 1

Rooms: 0

Kitchens: 1

Family Room:

Fireplace:

Basement: Finished,

Central Vacuum:

Exterior

Exterior: Brick,

Driveway:

Garage: Other

Garage Spaces:

Parking Spaces: 2.00

Pool:

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

Features

Rooms