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For saleMLS® C13031232

615-617 Queen Street W, Toronto, ON M5V 2B7

Waterfront Communities · C01 · M5V 2B7

$2,800,000

$866 / sq ft

6 months on market

Interior
3,233 sf
Lot
33 × 98 ft

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About this property

CBRE Limited is pleased to offer for sale 615-617 Queen Street West, a 3,233 sq. ft. vacant lot located at Queen Street West & Bathurst Street. The opportunity allows potential investors to lock in along-term land sale and to generate income on their own building of up to 9,668 sq. ft. of gross floor area, as of right.615-617 Queen Street West is in the heart of one of Canada's most prominent retail hubs. Queen West is known for it's mix of trendy fashion boutiques and premium international brands including Loblaws, Joe Fresh, Winners, Aritzia, Kit and Ace and CB2. Queen West's central location in Downtown Toronto, along with the significant residential/employment growth in the immediate area, allows the node to continue it's ability to attract premium retail brands, restaurants and bars creating significant pedestrian traffic seven days week.

Property details

Property

Property type
vacant land
Interior size
3,233 sq ft
Lot size
33 × 98 ft
Zoning
CR 3.0 (C3.0; R2.0) SS2
Possession
Immediate

Interior

Cooling
No

Exterior & services

Sewer
Sanitary+Storm Available

Costs

List price
$2,800,000
Property taxes
$65,625 / year (2025)
Price per sq ft
$866

Listing

MLS® number
C13031232
Status
For sale
Listed
April 22, 2026
Days on market
196
Last updated
October 26, 2026
Listing brokerage
CBRE LIMITED

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 in line with comparable listings — about 69% of comparable vacant land listings in Toronto are asking less.

$1Median $1.37M$6.55M
This home
$866 / sq ft
Comparable median
$251 / sq ft

Based on 96 comparable active vacant land listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $560,000
$560,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$12,385.34
Property tax (est.)
$5,468.75
Estimated monthly
$17,854

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
$56,475
Toronto municipal
$56,475
Total due on closing
$112,950

An estimate on the asking price of $2,800,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CBRE LIMITED. 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.

$2,800,000

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Comparable sales nearby

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