518 Queen Street West
History
MLS®# C12004724
| 2025.03.06 | New | $3,500,000 |
Other Records
| 2025.11.17 - 2025.11.17 | New | $3,450,000 |
| 2025.08.20 - 2025.08.20 | New | $10,000 |
| 2025.06.19 - 2025.06.19 | New | $10,000 |
| 2025.06.19 - 2025.06.19 | New | $9,999 |
| 2025.02.16 - 2025.02.16 MLS®# C9354809 | Terminated | |
| 2024.09.01 - 2024.09.01 MLS®# C8354518 | Terminated | |
| 2023.10.05 - 2023.10.05 MLS®# C7014236 | Terminated | |
| 2023.07.16 - 2023.07.16 MLS®# C6072056 | Terminated | |
| 2023.05.25 - 2023.05.25 MLS®# C6016485 | Terminated | |
| 2023.04.04 - 2023.04.04 MLS®# C5752562 | Terminated | |
| 2022.02.17 - 2022.02.17 MLS®# C5450667 | Terminated | |
| 2019.10.07 - 2019.10.28 MLS®# C4601026 | Terminated | $4,288,000 |
| 2019.06.25 - 2019.08.30 MLS®# C4497080 | Suspended | $4,498,000 |
Details
- MLS®#
- copy
- Type
- Manufactured Home/Mobile
- Lot Size
- 20.5 × 143.08 Feet
- Parking
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0 Total Parking Spaces
0 None Garage
0 Parking Spaces
- Last Update
- 2025-04-24
- Possession Date
- TBD
- Listing Date
- 2025-03-06
- Air Conditioning
- Yes
- Broker
- REALOSOPHY REALTY INC.
About
518 Queen St West is a prime commercial property in Torontos high-traffic West Queen West (WQW) neighbourhoodone 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 1,523 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 Torontos most dynamic neighbourhoods. Excellent rental income and a 5.8% Cap rate. Backyard Storage and Ample Parking On Site. End-User Possibilities./ All chattels and fixtures in the apartment are included.
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The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
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The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.
Investment Analysis
Schools
Elementary (JK-G8)
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Ryerson Community School 401 mFraser Rank(2018) 2588 / 3052 English
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Gifted
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St. Mary Catholic School 389 mFraser Rank(2018) 2026 / 3052 Catholic English French
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Fraser Rank(2018) 161 / 3052 Catholic English
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Fraser Rank(2018) 2364 / 3037 Catholic English
Secondary (G9-G12)
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Harbord Collegiate Institute 1.8 kmFraser Rank(2023) 142 / 747 Secondary English
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Northern Secondary School 305.8 kmFraser Rank(2023) 478 / 747 Secondary English Gifted
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YMCA Academy, The 2.2 kmSecondary
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Polaris Learning Centre 6.7 kmSecondary
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Aristotele's Credit School 7.6 kmSecondary
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St. Joseph's College School 2.1 kmFraser Rank(2023) 178 / 747 Secondary Catholic English
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St. Michael’s Choir 2.1 kmFraser Rank(2023) 1 / 747 Secondary Catholic English
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St. Mary Catholic Academy 2.7 kmFraser Rank(2023) 559 / 747 Secondary Catholic English
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La Cité collégiale - La Cité à Toronto 165 m555, rue Richmond Ouest, bureau 301, Toronto, Ontario, M5V 3B1
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Ontario College of Art & Design - 1 km100 McCaul St, Toronto, ON M5T 1W1(416)977-6000
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The Michener Institute - 1.2 km222 St. Patrick Street, Toronto, Ontario Canada M5T 1V4(416)596-3101
Neighbourhood
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Union Station Go Train Line：Milton Go Train Line：Lakeshore East Go Train Line：Lakeshore West Go Train Line：Stouffville Go Train Line：Richmond Hill Go Train Line：Kitchener Go Train Line：Barrie 1.8 km
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Exhibition Go Train Line：Lakeshore West 2 km
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Galleria Supermarket 2.1 km351 Bloor St W, Toronto, ON M5S 1W7
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Galleria Supermarket 2.3 km558 Yonge St, Toronto, ON M4Y 1Y9
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T&T Supermarket 4.1 km222 Cherry Street, Toronto, ON. M5A 3L2
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