© 2026 HomeSix Realty Inc. All rights reserved.

MLS® C12551728
Kensington-Chinatown, Toronto, ON
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
Own a home here? See what it could sell for.
Use this listing address as a starting point for a Home6 seller valuation.

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
Days on Market
Current: 355 days
Room information is not available for this listing.
Learn about the area and demographics around this address.
Schools closest to 518 Queen Street W Toronto.
Source: No verified source available.Catchment boundaries and ratings are shown only when available.
Active alternatives ranked by location, property type, price, bedrooms, size, bathrooms, and recency.
Recent sold or leased properties are shown separately from active alternatives.
Close to 518 Queen Street W Toronto.