250 Queen Street E
250 Queen Street E
$5,900,000
$1,692/sq ft · 236 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $25,706 |
| Property Tax (MLS) | $2,512 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $28,218 |
Down payment: $1,180,000 (20.0%) · Mortgage: $4,720,000
Property tax uses MLS annual tax of $30,150/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by CENTURY 21 HERITAGE GROUP LTD.
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Data last updated: August 22, 2026 at 10:25 p.m.