1024 Queen Street West, at Ossington. A secure and current 6% cap rate with upside potential. Architectural gem designed by Kathleen Kurtin in the heart of Queen West. Approximately 5,000 SF above grade, plus basement (and roof decks), four-storey mixed-use building. The commercial space is a newly renovated trendy and busy restaurant with great street front and alley way presence. The building features four beautifully designed residential apartments consisting of 1 -2 bedroom, 2-1 bedroom and 1 bachelor apartment. ( 2, 2 storey apartments). Character-rich interiors showcase exposed brick, high ceilings, large windows, hardwood floors, modern appliances, quality finishes, and steel and industrial accents. Every apartment features its own large private deck with exceptional views, creating highly desirable indoor/outdoor living. Individual mechanical systems for each unit. The trendy location is on one of the best stretches of Queen West at Ossington. Surrounded by Toronto's best restaurants, cafes, shops and nightlife on one of the best city blocks in the city with excellent TTC access. A truly distinctive asset with exceptional tenant security and visual appeal in one of Toronto's most sought-after neighbourhoods makes this a fantastic asset to own in your portfolio.
Address
1024 Queen Street W
List Price
$4,399,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Trinity-Bellwoods
Region
Toronto
Lot Depth
94.73
Lot Type
Lot
Lot Size Units
Feet
Lot Width
18.24
Parcel Number
212760334
Total Building Area
5000
Occupant Type
Tenant
Cross Street
Queen St W & Ossington
MLS® Number
C13770156
Listing Brokerage
CB METROPOLITAN COMMERCIAL LTD.
Postal Code
M6J 1H6
Posession Details
TBD
Tax Amount
$24,655.35
Tax Year
2026
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Electric Forced Air
Cooling Features
Yes
Garage Type
None
Tax Legal Description
PT LT 13 PL D204 TORONTO PT 1, 63R4331; CITY OF TORONTO
Security Features
Partial