Unknown for 1656 Queen St, Toronto Ontario M6R 1B2
7 days on Market

1656 Queen St, Toronto, Ontario M6R 1B2

Townhouse
2
1
~1500-2000 sqft
$1,600,000
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$16,000Cashback
Townhouse
2
1
~1500-2000 sqft

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Highlights

Property Estimate

Days on market7 days

Estimated valueNot available

Price/Sqft$933/sqft

Monthly cost

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CMA Subject Property

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+1

Properties sold*

$1.2M

Median sold price*

*Based on last 30 days

Description

Fully renovated mixed-use investment property. A rare opportunity to acquire a turn-key mixed-use building in the high demand Parkdale corridor of Queen Street West. This property has been fully renovated and modernized from top to bottom, providing a strong, low-maintenance investment with dual income streams. Investment Highlights - Main floor commercial unit: currently leased to a professional skin clinic, benefiting from high pedestrian and vehicle traffic along Queen West. Upper-level residential: spacious and fully renovated 2-bedroom + living room apartment, offering excellent rental income potential or live-work flexibility. Capital Improvements: complete renovation includes new mechanical, electrical, plumbing, cabinetry, and windows - significantly reducing future capital expenditures. Location Advantage: situated in one of Toronto's most dynamic neighbourhoods, steps to transit, retail, and a growing residential base that supports strong commercial tenancy. Key Features - entire building gut-renovated and fully updated; prime Queen St W exposure with strong tenant visibility; secure commercial and residential rental streams; low operating costs with all major systems recently upgraded; perfect for investors seeking a stabilized, turn-key asset in a thriving Toronto neighbourhood.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size1,745 SqFt(100 x 17.45)
Parking Spaces2
MLS ®NumberW12425002
Community NameRoncesvalles
Data SourceTRREB
Listing byPSR

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Features

Lot size: 1,745 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Market Data - Roncesvalles

Geo Zone Map ThumbnailRoncesvalles

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

5 days

2023

7 days

2022

0 day

New Listings

Past 30 days

2 listings

Compared to

2024

4 listings

2023

4 listings

2022

0 listing

Units sold

Past 30 days

0 unit

Compared to

2024

1 unit

2023

1 unit

2022

0 unit

Median Sold Price

Past 30 days

$0

Compared to

2024

$1,200,000

2023

$1,550,000


Population and Demographics

Overview

Total population 16907
Average household income $173,720

Age (%)

0 to 19
18%
20 to 34
23%
35 to 49
26%
50 to 64
20%
65 and plus
13%

Household composition (%)

Single family
52%
Single person
40%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
79%
Others
5%
Polish
4%
Spanish
2%
French
2%
Portuguese
2%
Tibetan
1%

House tenancy (%)

Renters
57%
Owners
43%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget