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. (id:66096)
Property Details
MLS®
C12554114
Property Type
Retail
Business Type
Retail and Wholesale
Zoning
com/res=CR2(c1; r1.5*1388)
Interior Size
3,487 ft²
Frontage
35 ft
Building Area
3,487 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$30,149.77/yr
Listed
352 days ago
Features
Lot Features
Irregular lot size
Services
Water
Municipal water
Sewer
Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
352d
Toronto (Moss Park) listings, avg age
61d
Price / ft²
$1,692
List price
$5.90M
Long Listed: 352 days on market, against an average age of 61 days across the listings currently for sale in this city
Market timing · days on market0 → 61d avg age of current listings
Long Listed · day 352
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
Haho
This retail in Toronto (Moss Park) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Listed by CENTURY 21 HERITAGE GROUP LTD. · TOM TSAMBOURLIANOS
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (M5A)
This home lists at $5,900,000, about 83.1× the local median household income of $71,000.
Carrying it typically needs a household income of about $1,152,477 (20% down, 25-yr amortization, stress-tested) — roughly 1523% above the area median.
Median household income
$71,000
Population
48,978
Median age
36.4
Owner / renter
35% / 65%
Avg. household size
1.8
Source: Statistics Canada, 2021 Census (FSA M5A)
$5,900,000· $1,692/ft²
For sale
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Financing
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