For Sale

566 Queen Street, Toronto C01, Ontario M5V 2B5

$3,188,000

566 Queen Street, Toronto C01, Ontario M5V 2B5 is For Sale and has a listing price of 3,188,000. The property is located in the Alexandra Park neighbourhood . It's been on the website for 21 Days.

  • MLS ID: C12362636
  • Office Name ROYAL LEPAGE CONNECT REALTY
Property Description

Prime Street Front Investment Opportunity Situated In The Heart Of Queen Street West, One Of Toronto’s Mot Vibrant Retail Thoroughfares. Ideal For Investors Looking To Establish A Presence In One Of Toronto’s Most Prestigious Neighborhoods. This Versatile Mixed-Use Property Offers Excellent Street Front Exposure, Premium Area Amenities, A Well Maintained Commercial Storefront, And Spacious Renovated Residential Units With A Touch Of Charm. Ground Floor Retail Space Currently Operating As A Bar And Restaurant Equipped With Liquor License. All Bar And Restaurant Equipment Is Owned By The Seller And Can Be Included In The Sale As A Turn-Key Operation. Current Commercial Tenant Is On A 5+5 Year Lease Term However, Buyer To Assume The Existing Commercial Tenant. 2nd Floor Consists Of 3 Spacious 1Bdrm Residential Units With Front And Rear Entrances To The Building. All Residential Units Have Been Vacated For Selling Purposes. Basement Is Approximately 2000sqft Equipped With Front And Rear Access Points To Retail Space. Roof Replaced With Up To Date Rubber Material In 2018. Electrical 400 AMPS. All Residential Units Have Newly Installed Double Pump Mitsubishi Hearing Units. 5 Hydro Meters On Premises (Residential Units, Ground Floor, And HVAC System). Marketing Brochure And Rent Roll Available Upon Request. Bring Offers!

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: C12362636
  • Price: $3,188,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 144.41
  • Ref ID: C12362636
  • Dir / Cross St: Queen and Spadina Ave
  • Status: Active
  • Tax Year: 2024
  • Property Sub Category: Commercial Apartment
Price History
List Date MLS ID List Price Status End Date Closed Price
08/25/2025 C12362688 $3,188,000 For Sale - -
08/25/2025 C12362636 $3,188,000 For Sale - -
08/25/2025 C12362665 $3,188,000 For Sale - -
02/25/2025 C11987595 $3,350,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Alexandra Park
  • $1,065,231 Average List Price
    based on 1 year
  • 24 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.86 % Below
  • Sold (12mo) 6
  • Rented (12mo) 31

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    28.83%
  • Commercial
    24.66%
  • Condo
    46.5%
Additional Details
  • Heat Type Y
  • Garage Type Outside/surface
  • Parking Spaces: 4
  • Taxes: $36,871
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 25/08/2025 16:02:23
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