179 Queen Street E,Toronto (Moss Park), ON M5A1S2
Toronto (Moss Park), ON M5A1S2
Description
End-user opportunity at 179 Queen Street East with vacant possession of the commercial component and the owner's suite on closing. A 3-storey, 3-unit mixed-use building on the Queen East corridor: main-floor and lower-level commercial (vacant); a fully renovated middle-floor 1-bedroom apartment (leased); and a 2-storey, 2-bedroom owner's suite on the top floor with a private rooftop terrace (vacant). Current ownership raised the main floor and opened up the basement, doubling the building's usable commercial envelope - what was a low-ceiling basement is now a second full storey of retail, paired with the existing main-floor retail. A future owner can occupy the entire commercial component across two full levels, or lease both floors to a single retail tenant, while moving into the top-floor owner's suite. The building has been fully rewired with two new electrical panels in the basement and new windows throughout. The middle-floor 1-bedroom is fully renovated with new appliances and in-suite laundry. A new staircase services the residential suites. Position: end-user-ready commercial plus owner-occupier suite, with stabilized middle-floor income. Directly across the street from the future Moss Park station on the Ontario Line, currently under construction - a rare chance to acquire a transformed mixed-use building at a future rapid-transit node before the station opens, with the long-term rerating's in foot traffic, retail rents, and residential demand that come with being steps from a new subway stop. Tenured Queen East corridor steps to the Distillery District and St. Lawrence Market, with a demand floor across daytime retail traffic, downtown professionals, and creative-sector tenants. (id:13843)
Details
| MLS # | C13477752 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 76 |
| Listing Provided By | BOSLEY REAL ESTATE LTD. | BRAD GIBSON |
Features
| Bath(s) | 4 Total |
|---|---|
| SQ Feet | 3,027 |
| Zoning | Cr4.5(C2.0 R4.0) |
Parking
| Parking Total | 1 |
|---|
Taxes
| Tax Annual Amount | 11649.76 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Toronto (Moss Park) |
| Postal Code | M5A1S2 |
| Listing VS Median (in M5A1S2) | |
Price: $1,599,000 low | high Med: $3,300 sqft: 3,027 low | high Med: 1,300 $ / sqft: $528 low | high Med: $3 On site: 76 low | high Med: 89 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (Moss Park) |
| Postal Code | M5A1S2 |
| Listing VS Median (in M5A1S2) | |
Price: $1,599,000 low | high Med: $3,300 sqft: 3,027 low | high Med: 1,300 $ / sqft: $528 low | high Med: $3 On site: 76 low | high Med: 89 | |
