Mixed-Use
1600 Queen St W
1600 Queen St W, Toronto, ON M6R 1A8
Listing Price: $2,149,999
Investment Overview
This mixed-use property on Queen St West offers a rare blend of stability and growth potential in Toronto’s thriving Parkdale neighborhood. Anchored by a long-term, 13-year commercial tenant (Toronto’s first Tibetan restaurant), the property guarantees steady cash flow and a unique cultural appeal that attracts consistent foot traffic.
With below-market rents across both commercial and residential units, investors are poised for income growth through future rent adjustments. Recent upgrades, including a new deck and heating/cooling systems, enhance the property’s appeal, reduce maintenance costs, and support tenant retention.
Situated in a highly accessible, transit-friendly area with a high Walk Score, this property promises enduring desirability and robust appreciation potential for both retail and residential leasing. The included basement level provides added operational value for the tenant, further strengthening the investment’s value proposition.
1600 Queen St W
Investment Highlights
- Long-Term Stability: 13-year tenant with deep community roots, offering steady income in a high-demand location on Queen St West with unmatched foot traffic.
- Income Upside Potential: Below-market rents on both commercial and residential units provide immediate opportunity for rental increases, maximizing ROI.
- Turnkey Upgrades: Recent property upgrades, including heating/cooling and a new deck, new roof, minimize maintenance costs and enhance tenant satisfaction for long-term occupancy.
Exclusively Listed By
Listing Price: $2,149,999
Investment Highlights
- Long-Term Stability: 13-year tenant with deep community roots, offering steady income in a high-demand location on Queen St West with unmatched foot traffic.
- Income Upside Potential: Below-market rents on both commercial and residential units provide immediate opportunity for rental increases, maximizing ROI.
- Turnkey Upgrades: Recent property upgrades, including heating/cooling and a new deck, new roof, minimize maintenance costs and enhance tenant satisfaction for long-term occupancy.
Investment Overview
This mixed-use property on Queen St West offers a rare blend of stability and growth potential in Toronto’s thriving Parkdale neighborhood. Anchored by a long-term, 13-year commercial tenant (Toronto’s first Tibetan restaurant), the property guarantees steady cash flow and a unique cultural appeal that attracts consistent foot traffic. With below-market rents across both commercial and residential units, investors are poised for income growth through future rent adjustments. Recent upgrades, including a new deck and heating/cooling systems, enhance the property’s appeal, reduce maintenance costs, and support tenant retention. Situated in a highly accessible, transit-friendly area with a high Walk Score, this property promises enduring desirability and robust appreciation potential for both retail and residential leasing. The included basement level provides added operational value for the tenant, further strengthening the investment’s value proposition.
Exclusively Listed By
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