250 Queen Street
Toronto C08, ON
- 3,487 sqft
- Commercial Retail
- 289 days on market
Exceptional investment and redevelopment opportunity in the heart of downtown Toronto. Located at 250 Queen Street East, this high-visibility mixed-use property offers premium land positioning directly across from active high-rise development and within easy distance to the Eaton Centre, Queen Station, Financial District, TMU, George Brown, hospitals, and major employment hubs.The main level features a spacious vacant 3,487 sq ft commercial space suitable for retail, service, hospitality, wellness, office, or creative commercial uses. Strong foot and vehicle traffic provide excellent visibility and branding potential.Above the commercial space is a licensed 20-room apartment complex totaling approx. 4,418 sq ft, offering immediate rental income and flexible future options. Ideal for investors seeking both cash flow and long-term upside. Total above-ground area: 7,905 sq ft.Located in the rapidly transforming Moss Park corridor, surrounded by new and proposed condominium towers, modern retail, transit routes, and ongoing revitalization. This is one of Toronto's most active areas for urban intensification and mixed-use development.Perfect for developers, land bankers, end-users, or value-add investors looking for a downtown asset with future potential.Prime Queen Street East exposure, unmatched walkability, and strong long-term appreciation fundamentals make this a rare opportunity in Toronto's core.
Listing Details
- Taxes (2025)
- $30,150
- Listed
- November 17, 2025
Price History
Listing history
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Property
- Lot Size
- 35.25 x 99.99 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Queen and Sherbourne
- Zoning
- com/res=CR2(c1; r1.5*1388)
- Parcel Number
- 210900489
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Retail Store Related
- Office / Apartment Area
- 7905 Sq Ft
Included
- Exclusions
- Tenants Furniture and Belongings
Community
Postal area M5A
- Population
- 48,978
- Private dwellings
- 30,508
- Median age
- 36.4
- Average household size
- 1.8
- Median household income
- $71,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto C08 · last 12 months
- Median sold price
- $595,000
- Homes sold
- 1,641
- Median days on market
- 28
- Sale-to-list price
- 97.4%
Based on 1,641 recorded sales of commercial properties in Toronto C08 over the last 12 months.
Listed by
CENTURY 21 HERITAGE GROUP LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 3,487 sq ft
- Price per sq ft
- $1,692.00
- Annual property tax
- $30,150
- Tax per sq ft
- $8.65
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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