242 Queen Street W, Toronto, ON, M5V 1Z7

Property Details: - Type: Commercial Retail - Bedrooms: 0 - Bathrooms: 0

Landmark end-user/investment opportunity in a prime high-traffic Queen St W location between John and McCaul Streets. Ground floor retail currently leased to Dragon Vape, one of Canada's largest e-cigarette suppliers, secured with corporate covenant via wholesale operations. Vacant possession of retail available on closing for end users. Direct sightlines to Bell Media HQ provide rare on-air visibility and strong pedestrian traffic. Previously leased to John Fluevog and Wine Rack at premium rents. Upper levels include two large semi-attached 3-bedroom apartments with stable month-to-month tenants and rooftop decks/patios. 3rd floor currently accessed through 2nd floor unit with potential to combine into a large 2-floor, 6-bedroom apartment or reconfigure to increase rents. Bonus high, dry basement (not included in total square footage), large rear parking, and double-door shipping access with potential for future expansion due to unused lot area. Excellent transit access including multiple streetcar routes and the future Ontario Subway Line, providing walkable access to Queen / Spadina and Osgoode Stations with connections across the city and GO Transit (estimated completion 2030). This commercial retail home located at 242 Queen Street W, Toronto is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $3,299,000 with an estimated mortgage of $12,143* per month. It has beds, bathrooms, and is 3,870 square feet. 242 Queen Street W, Toronto is in the Kensington-Chinatown neighborhood Toronto. University, Bay Street Corridor and Waterfront Communities C1 are nearby neighborhoods.