$1,600,000
9.31 BTC
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1656 Queen Street, Toronto
$1,600,000
PRICE
2
BEDROOMS
1
BATHROOMS
W12425002
MLSID

1656 Queen Street, Toronto

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.
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Summary

Address
1656 Queen Street
Community
MLSID
W12425002
Property Type
Multiplex
Property Category
Bedrooms
2
Bathrooms
1
Kitchens
1
Taxes (Annual)
$14,946.10
Tax Year
2025
Published
September 24, 2025
Days on Market
9 Days
Possession Type
Other
Possession Details
Tbd
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Inclusions

New alarm and security camera system, LED lighting throughout, exterior LED pot lights, oak stain floors, exposed brick and cinder block, 10ft pressed ceiling, 4 parking spots.

Details

Bathroom 1
3-Piece Upper Level
Basement
Finished
Interior Features
Other
Parking Spaces
2
Parking Total
2
Parking Features
Other
Architectural Style
2-Storey
Roof
Flat, Membrane
Construction Materials
Brick
Lot Width
17 Feet
Lot Depth
100 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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