518 QUEEN STREET WEST

Toronto (Kensington-Chinatown), , M5V2B3, Canada

$3,450,000

518 Queen St West is a prime commercial property in Toronto's high-traffic West Queen West (WQW) neighbourhood-one of the city's most sought-after locations. This exceptional building boasts a 20+ foot frontage on a deep 143-foot lot, across from Loblaws, BMO and more making it a standout opportunity for investors and business owners alike.The renovated main-floor retail space offers 1,614 sq. ft. of premium commercial space, perfect for retail, showroom, or hospitality use, benefiting from constant foot traffic and excellent visibility. The property also features lane way access at the rear, providing convenience for deliveries and potential for future development in this prime downtown corridor.The second and third floors present incredible flexibility, currently configured as modern residential apartments with two kitchens, two three-piece bathrooms, and hardwood floors throughout. Laundry is located on the third floor, adding convenience for tenants. Keep as-is for excellent rental income or convert into two separate suites for added value.Situated in an unbeatable downtown location, this property is steps from Trinity Bellwoods, the Fashion District, and Kensington Market, with seamless access to the 24-hour Queen Streetcar, ensuring easy connectivity across the city. With strong investment potential and future redevelopment possibilities this is a rare opportunity in one of Toronto's most dynamic neighbourhoods.

Virtual Tour: http://www.518queenstwest.com/mls

Last updated on : Monday 17th of November 2025 04:25:11 PM

ADDRESS

Street : 518 QUEEN STREET WEST

City : Toronto (Kensington-Chinatown)

Country : Canada

Postal Code : M5V2B3

Open in Google Map

PROPERTY SUMMARY

Property ID : C12551728

Building Type : Other

Property Type : Retail

Similar Properties

Retail

1028 KING STREET WEST WEST

Hamilton (Westdale), Ontario, L8S1L5

$399,990

property Type: Other

type: Sale

GUNJ PATEL
2 hours ago

DETAILS

Retail

78 SNOWBERRY CRESCENT

Halton Hills (Georgetown), Ontario, L7G6M8

$875,000

Beds: 3Baths: 3

property Type: Residential Commercial Mix

type: Sale

KAPS PATEL
3 hours ago

DETAILS

Retail

71 MAIN STREET EAST EAST

Hamilton (Beasley), Ontario, L8N1G2

$1,980,000

property Type: Other

type: Sale

HELEN YAN
1 day ago

DETAILS

Retail

201 DUNDAS STREET

Woodstock (Woodstock - North), Ontario, N4S1A6

$999,999

property Type: Other

type: Sale

PARNEET MANN-CHAVAN
1 month ago

DETAILS

Retail

81 MISSISSAGA STREET

Orillia, Ontario, L3V1V6

$1,899,888

property Type: Other

type: Sale

POOJA GULATI
1 day ago

DETAILS

Inquire about this property