$ 1,599,000

179 Queen Street E, Toronto

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:1945)
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Property details for 179 Queen Street E, Toronto

Type
Commercial
Bathrooms
4
Living Area
3,027 square feet
Lot Size
13 x 70 FT
Heating
Baseboard heaters
Cooling
None
Annual Taxes
$11,650

Nearby Listings Stat

Estimated price and comparable properties near 179 Queen Street E

Active Listings
26
Min Price
$169,000
Max Price
$8,595,000
Avg Price
$2,950,703
Days on Market
74
days
Sold Listings
13
Min Sold Price
$49,900
Max Sold Price
$4,980,000
Avg Sold Price
$1,494,968
Days until Sold
72
days

Neighbourhood Census Data

Toronto, Ontario

Population
3,108
Median Age
33.9
Median Income
$62,891
Dwelling Value
$421,153

Housing Tenure

Owners 54%
Renters 47%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.5
Pop. Density: 24,883.9/km²
Avg Shelter Cost: $1,855/mo
Owners with Mortgage: 79.8%
Owners Spending 30%+: 31.1%
Tenants Spending 30%+: 36.1%
English only: 81.8%
English and French: 17.6%
Neither: 0.4%
Median Household Income: $87,488
Median Employment Income: $64,811

Price History

Listed
June 23, 2026
by BOSLEY REAL ESTATE LTD.
Current Price
$1,599,000
Type
Commercial
For Sale
179 Queen Street E

Contact Agent Get in touch about 179 Queen Street E, Toronto

BRAD GIBSON
BRAD GIBSON
BOSLEY REAL ESTATE LTD.