179 Queen Street E,Toronto C08, ON M5A 1S2
Toronto C08, ON M5A 1S2
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.
Details
| MLS # | C13477752 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 134 |
| Listing Provided By | BOSLEY REAL ESTATE LTD. | C13477752 063503 |
Features
| Bath(s) | 4 |
|---|---|
| SQ Feet | 3,027 |
| Acreage | 0.07 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | No |
| Cooling | No |
| Rooms Total | 0 |
Exterior
| Security Features | No |
|---|
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 11649.76 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C08 |
| Postal Code | M5A 1S2 |
| Area | Moss Park |
| Listing VS Median (in M5A 1S2) | |
Price: $1,599,000 low | high Med: $3,300 sqft: 3,027 low | high Med: 1,500 $ / sqft: $528 low | high Med: $2 On site: 134 low | high Med: 84 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C08 |
| Postal Code | M5A 1S2 |
| Area | Moss Park |
| Listing VS Median (in M5A 1S2) | |
Price: $1,599,000 low | high Med: $3,300 sqft: 3,027 low | high Med: 1,500 $ / sqft: $528 low | high Med: $2 On site: 134 low | high Med: 84 | |
