End-user opportunity at 179 Queen Street East with vacant possession of the commercial component and the owner's suite on closing. A 3-storey, 3-unit mixed-use building on the Queen East corridor: main-floor and lower-level commercial (vacant); a fully renovated middle-floor 1-bedroom apartment (leased); and a 2-storey, 2-bedroom owner's suite on the top floor with a private rooftop terrace (vacant). Current ownership raised the main floor and opened up the basement, doubling the building's usable commercial envelope - what was a low-ceiling basement is now a second full storey of retail, paired with the existing main-floor retail. A future owner can occupy the entire commercial component across two full levels, or lease both floors to a single retail tenant, while moving into the top-floor owner's suite. The building has been fully rewired with two new electrical panels in the basement and new windows throughout. The middle-floor 1-bedroom is fully renovated with new appliances and in-suite laundry. A new staircase services the residential suites. Position: end-user-ready commercial plus owner-occupier suite, with stabilized middle-floor income. Directly across the street from the future Moss Park station on the Ontario Line, currently under construction - a rare chance to acquire a transformed mixed-use building at a future rapid-transit node before the station opens, with the long-term rerating's in foot traffic, retail rents, and residential demand that come with being steps from a new subway stop. Tenured Queen East corridor steps to the Distillery District and St. Lawrence Market, with a demand floor across daytime retail traffic, downtown professionals, and creative-sector tenants.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
No
Approx. Age:
100+
Total Area:
3027 sq. ft. Square Feet
Total Area:
3,027 sq. ft.281 m2
Retail Area:
1372 sq. ft. Sq Ft
Office/Apt Area:
1655 sq. ft. Sq Ft
Lot Depth:
70'21.3 m
Lot Frontage:
13'3.96 m
Lot Details:
13.00 x 70.00 Feet
Bathrooms:
4.0
Water supply:
Municipal
Rooms:
0
Zoning:
Cr4.5(C2.0 R4.0)
Heating type:
Baseboard
Cooling:
No
Garage:
Lane
Parking Spaces:
1
Possession Details:
Immediate
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$11,649.76 /
2026
Assessment:
$- /
-
Toronto
Toronto C08
Moss Park
No
All items belonging to the tenants, including the staged owners' suite and commercial space.