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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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518 Queen Street W Toronto C01
For SaleKensington-Chinatown

518 Queen Street W Toronto C01, Commercial Retail for Sale

MLS® C12551728

Kensington-Chinatown, Toronto, ON

355 days on market
$3,450,000
Show on Map
Show on Map
N/ABeds
N/ABaths
3,714Sqft
N/AParking
Commercial Retail

Overview· 518 Queen Street W Toronto

MLS® #C12551728

518 Queen St West is a prime commercial property in Toronto's high-traffic West Queen West (WQW) neighbourhood-one of the city's most sought-after locations. This exceptional building boasts a 20+ foot frontage on a deep 143-foot lot, across from Loblaws, BMO and more making it a standout opportunity for investors and business owners alike.The renovated main-floor retail space offers 1,614 sq. ft. of premium commercial space, perfect for retail, showroom, or hospitality use, benefiting from constant foot traffic and excellent visibility. The property also features lane way access at the rear, providing convenience for deliveries and potential for future development in this prime downtown corridor.The second and third floors present incredible flexibility, currently configured as modern residential apartments with two kitchens, two three-piece bathrooms, and hardwood floors throughout. Laundry is located on the third floor, adding convenience for tenants. Keep as-is for excellent rental income or convert into two separate suites for added value.Situated in an unbeatable downtown location, this property is steps from Trinity Bellwoods, the Fashion District, and Kensington Market, with seamless access to the 24-hour Queen Streetcar, ensuring easy connectivity across the city. With strong investment potential and future redevelopment possibilities this is a rare opportunity in one of Toronto's most dynamic neighbourhoods.

Inclusions

Backyard Storage and Ample Parking On Site. End-User Possibilities.

Exclusions

Nil

Broker

REALOSOPHY REALTY INC.

Neighbourhood

Kensington-Chinatown

Walk 100Avg $974KArea guide

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Schools9326 schools within 1.5 km · nearest 223 m26 schools within 1.5 km · nearest 223 m
Parks9112 parks within 1 km · nearest 144 m12 parks within 1 km · nearest 144 m
Convenience8252 groceries, cafes and pharmacies within 1 km · nearest 210 m52 groceries, cafes and pharmacies within 1 km · nearest 210 m
Safety1Safer than 1% of Toronto neighbourhoods (2025)Kensington-Chinatown: 4,254 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 518 Queen Street W Toronto

Source: MLS® listing data
518 Queen Street W Toronto

Commercial Retail

518 Queen Street W Toronto

Kensington-Chinatown

Built

100+

Type

Commercial Retail

Parking

None

Property Tax

~$36,519/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

3714 sqft

Parking

None

Finances

List Price

$3,450,000

Price per SQFT

$929/sqft

Property Tax

~$36,519/yr

Property Specs

Property Type

Commercial Retail

MLS Size

3714 sqft

Age of Building

100+

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

Kensington-Chinatown

Listed On

Nov 17, 2025

Public Transit

Price & Listing History

Days on Market

Current: 355 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$13,876/mo
Property Tax$3,043/mo
Total Monthly$16,920

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0