Retail

890 Queen Street W

Toronto (Trinity-Bellwoods), Ontario M6J1G3

$3,770,000

MLS® C13756150

  • 4,200 sq ftInterior
  • 15.06 x 106.63 FTLot size

Overview

Three tenancies across two interconnected buildings on the premier stretch of Queen West, backing directly onto Trinity Bellwoods Park. The Queen Street front is a classic Toronto brownstone, occupied in its entirety by Pomme T.O, a L'Oreal/Kerastase exclusive boutique. Behind the heritage frontage on Trinity Park Lane sits a 2019 steel-constructed building with a commercial unit at grade currently leased month-to-month, offering exceptional flexibility for an investor. Maintain the existing income, reposition the space, or explore conversion to private parking/garage space, subject to approvals. Above, a two-storey residence opens to a private rooftop terrace with unobstructed views of Trinity Bellwoods Park and the CN Tower. The two structures total 4,200 sf and are interconnected on the first and second floors, preserving flexibility for a single flagship user or continued multi-tenant stabilization. For a pure investor, the appeal is the clear combination: established heritage frontage on one of the most tenured retail blocks in the city, a purpose-built modern rear building requiring minimal capital and flexibility, and Trinity Bellwood's park boundary that cannot be replicated. The demand floor is set by the neighbours, among them Aesop, Le Labo, Mother and Fable, and by the foot traffic Trinity Bellwoods generates year-round. Retail leases quickly on this stretch. Stabilized, low-maintenance, and positioned on a block where vacancy is rarely the problem. A rare long-hold opportunity where location, income and future repositioning potential converge. Also listed in the residential freehold category under MLS# C13756134. Please see that listing for additional detail. (id:57793)

Property details

MLS® number
C13756150
Price
$3,770,000
Listing
For sale
Property type
Retail
Building type
Residential Commercial Mix
Interior size
4,200 sq ft
Lot size
15.06 x 106.63 FT
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Water
Municipal water
Zoning
CR 3.0 (c1.5; r2.5) SS2 (x1160)
Annual taxes
$23,309

Location

Address
890 Queen Street W
City
Toronto (Trinity-Bellwoods)
Area
Trinity-Bellwoods
Province
Ontario
Postal code
M6J1G3
Country
Canada

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