1656 Queen Street W

1656 Queen Street W
1656 Queen Street W
1656 Queen Street W
+29
2
 bed
1
 bath
2
 parking
1500 - 2000
 sqft
Multiplex
$1,600,000
For Sale
9 hours
 on site
$1,600,000
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Size
-
Lot size
1745 sqft
Street frontage
-
Possession
Other
Price per sqft
$800 - $1,067
Taxes
$13,923.45 (2025)
Parking Type
-
Style
2-Storey
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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
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Instant estimate:
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$34,626
higher than listed price
i
High
$1,692,920
Mid
$1,634,626
Low
$1,552,377
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About 1656 Queen Street W

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

1656 Queen St W, Toronto is a 3-minute walk from Cherry Bomb Coffee for that morning caffeine fix and if you're not in the mood to cook, Gus Tacos, Islas Filipino Bar & BBQ and Ci Ci Pizza are near this multiplex. Nearby grocery options: Glory Hole Doughnuts is nearby.

Transit riders take note, 1656 Queen St W, Toronto is only steps away to the closest public transit Bus Stop (Queen St West at Triller Ave) with route Queen, route King, and more. If you need to get on the highway often from 1656 Queen St W, Gardiner Expressway and Dowling Ave has both on and off ramps and is only a 2-minute drive.