CAONTorontoKensington-Chinatown242 Queen St W
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242 Queen St W, Toronto, ON

House

For Sale

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000

MLS® C12972592

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage Lane
Taxes $40,125
Days Active 13
Lot Size 
Approx. Age 
MLS® Number C12972592

Property Address: 242 Queen St W, Toronto, ON, M5V1Z7

Average square foot calculated using Size range provided by listing agent.

Description

Landmark end-user/investment opportunity in a prime high-traffic Queen St W location between John and McCaul Streets. Ground floor retail currently leased to Dragon Vape, one of Canada's largest e-cigarette suppliers, secured with corporate covenant via wholesale operations. Vacant possession of retail available on closing for end users. Direct sightlines to Bell Media HQ provide rare on-air visibility and strong pedestrian traffic. Previously leased to John Fluevog and Wine Rack at premium rents. Upper levels include two large semi-attached 3-bedroom apartments with stable month-to-month tenants and rooftop decks/patios. 3rd floor currently accessed through 2nd floor unit with potential to combine into a large 2-floor, 6-bedroom apartment or reconfigure to increase rents. Bonus high, dry basement (not included in total square footage), large rear parking, and double-door shipping access with potential for future expansion due to unused lot area. Excellent transit access including multiple streetcar routes and the future Ontario Subway Line, providing walkable access to Queen / Spadina and Osgoode Stations with connections across the city and GO Transit (estimated completion 2030).Show Description
MLS® NumberC12972592
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageLane
Approx. Age
Basement
DrivewayGarage Type:Lane
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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  • Commute

Commute

Starting Address
Destination Address
242 Queen St W, Toronto, ON

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