1656 Queen Street W

1656 Queen Street W
1656 Queen Street W
1656 Queen Street W
+22
2
 bed
1
 bath
2
 parking
1500 - 2000
 sqft
Multiplex
$1,600,000
For Sale
47 days
 on site
$1,600,000
Click to open the pre-gallery to get the direction
Size
-
Lot size
1745 sqft
Street frontage
-
Possession
Other
Price per sqft
$800 - $1,067
Taxes
$14,946.1 (2025)
Parking Type
-
Style
2-Storey
See what's nearby
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.
Broker: PSR
MLS®#: W12425002
Property details
Parking:
2
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
1500-2000 sqft
Lot front:
17 Ft
Lot depth:
100 Ft
Listed on:
Sep 24, 2025
Show all details
Instant estimate:
orto view instant estimate
$11,063
lower than listed price
i
High
$1,645,603
Mid
$1,588,937
Low
$1,508,988
Have a home? See what it's worth with an instant estimate

Use our AI-assisted tool to get an instant estimate of your home's value, up-to-date neighbourhood sales data, and tips on how to sell for more.

106 Pearson Avenue
1/46
$1,650,000
7 days
106 Pearson Avenue
4+1BD
4BA
1 Parking
1,500-2,000 sqft
MLS#: W12505848
TRUST REALTY GROUP
7 days
1508 Queen Street W
1/14
$1,650,000
45 days
1508 Queen Street W
2BD
2BA
2 Parking
1,500-2,000 sqft
MLS#: W12429168
PSR
45 days
165 Galley Avenue
1/45
$1,650,000
20 days
165 Galley Avenue
5BD
2BA
2 Parking
1,500-2,000 sqft
MLS#: W12474643
KELLER WILLIAMS PORTFOLIO REALTY
20 days
50 Shirley Street W
1/29
$1,429,000
96 days
50 Shirley Street W
3+1BD
3BA
2 Parking
1,500-2,000 sqft
MLS#: C12327997
RIGHT AT HOME REALTY
96 days

About 1656 Queen Street W

1656 Queen Street W is a Toronto multiplex for sale. It has been listed at $1600000 since September 2025. This multiplex has 2 beds, 1 bathroom and is 1500-2000 sqft. 1656 Queen Street W resides in the Toronto Roncesvalles Village neighbourhood, and nearby areas include Parkdale, Little Portugal, Beaconsfield Village and High Park.

Some good places to grab a bite are Gus Tacos, Islas Filipino Bar & BBQ or Ci Ci Pizza. Venture a little further for a meal at one of Roncesvalles Village neighbourhood's restaurants. If you love coffee, you're not too far from Cherry Bomb Coffee located at 79 Roncesvalles Ave. For those that love cooking, Glory Hole Doughnuts is nearby.

Living in this Roncesvalles Village multiplex is easy. There is also Queen St West at Triller Ave Bus Stop, only steps away, with route Queen, route King, and more nearby. For drivers, the closest highway is Gardiner Expressway and is only a 2-minute drive from 1656 Queen St W, making it easier to get into and out of the city getting on and off at Dowling Ave.