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For saleMLS® C12554114

250 Queen Street E, Toronto, ON M5A 1S3

Moss Park · C08 · M5A 1S3

$5,900,000

$1,692 / sq ft

11 months on market

Total area
3,487 sf
Lot
35.25 × 99.99 ft

What's special

  • Yes

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About this property

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.

Property details

Property

Property type
retail
Interior size
3,487 sq ft
Lot size
35.25 × 99.99 ft
Zoning
com/res=CR2(c1; r1.5*1388)
Possession
TBD

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Sewer
Sanitary

Costs

List price
$5,900,000
Property taxes
$30,150 / year (2025)
Price per sq ft
$1,692

Listing

MLS® number
C12554114
Status
For sale
Listed
November 18, 2025
Days on market
352
Last updated
May 6, 2026
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 100% of comparable retail listings in Moss Park are asking less.

$1Median $1.77M$2.69M
This home
$1,692 / sq ft
Comparable median
$571 / sq ft

Based on 11 comparable active retail listings in Moss Park. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $1,180,000
$1,180,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$26,097.69
Property tax (est.)
$2,512.48
Estimated monthly
$28,610

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$133,975
Toronto municipal
$190,975
Total due on closing
$324,950

An estimate on the asking price of $5,900,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$5,900,000

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