301-311 Queen Street E
301-311 Queen Street E
$7,950,000
$723/sq ft · 119 days on market
About This Listing
An exceptional opportunity to acquire a prime redevelopment site in the heart of Toronto's Queen Street East corridor. A development scheme has been prepared for the site contemplating an 18-storey mixed-use residential tower through lot combination, with an FSI of 12. The proposed scheme includes approximately 130,920 sq ft of GFA, 175 units, and 2,250 sq ft of ground-floor retail, with 17 parking spaces. Previously operating as an event venue, the property offers potential holding income if re-leased while a purchaser advances through the approval process. Situated at the corner of Queen Street E and Berkeley Street, the site benefits from excellent transit access, strong neighbourhood amenities, and continued intensification pressure in the surrounding area. This property is being offered for sale by way of receivership.
| Monthly Mortgage (P&I) | $34,637 |
| Property Tax (MLS) | $13,716 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $48,354 |
Down payment: $1,590,000 (20.0%) · Mortgage: $6,360,000
Property tax uses MLS annual tax of $164,594/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 COLLIERS
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Data last updated: August 22, 2026 at 06:26 p.m.