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$ 679,000
Est. payment /mo
Active Under Contract
511 Queen ST E Toronto C08, ON M5A 1V1
2 Beds
1 Bath
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active Under Contract
Purchase Type For Sale
Municipality Toronto C08
Subdivision Moss Park
MLS Listing ID C13057364
Bedrooms 2
Annual Tax Amount $6,093
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Exceptional Duplex freehold Townhouse & commercial investment opportunity in the heart of Toronto's vibrant and highly sought-after Corktown community. This rare offering features approximately 1,500 sq. ft. of prime downtown real estate in one of the city's most rapidly evolving neighbourhoods. Currently configured as two self-contained 1-bedroom, 1-bathroom units, the property offers strong income potential with the opportunity to renovate, reposition, or completely transform to maximize value. This property presents an outstanding canvas for investors, end-users, or developers looking to unlock its full potential. Unbeatable location with direct access to Queen St E and TTC at your doorstep, seamless connectivity to the DVP and Gardiner Expressway, and just a short walk to the upcoming Ontario Line subway. Previously commercial and now residentially zoned, the property offers flexibility with potential to convert back to commercial use (buyer to verify). A rare opportunity to secure a value-add property in one of Toronto's most dynamic and established neighbourhoods. Rent one unit and live in the other one! Previously rented as a duplex.
Location
Province ON
County Toronto
Community Toronto C08
Area Toronto
Rooms
Kitchen 2
Interior
Cooling No
Heat Source Electric
Exterior
Utilities Available Yes
Lot Frontage 13.08
Lot Depth 84.5
Others
Security Features No
ParcelsYN No
Virtual Tour https://listing.orelus.ca/511-Queen-St-E/idx
Listed by RE/MAX HALLMARK REALTY LTD.