$2,950,000
507 Queen Street W, Toronto, ON M5V 2B4
Waterfront Communities · C01
Listing courtesy of CUSHMAN & WAKEFIELD
Waterfront Communities · C01 · M5V 2B7
$2,550,000
$797 / sq ft3 months on market
Excellent User or Investor opportunity PLUS great potential for future redevelopment and expansion. Whether you're an investor seeking stable income with future upside or an end-user looking to establish your business in one of Toronto's premier commercial corridors, this is a rare opportunity in an irreplaceable location. 633 Queen West is a premium mixed-use property in the heart of Toronto's vibrant Queen West district. Ideally situated on one of the busiest and most sought-after blocks, just east of Bathurst Street, this high-exposure property offers outstanding investment potential or the perfect location for an owner-operator. The property comprises approximately 3,200 sq. ft. (includes indoor parking spot) above grade, plus a full basement, featuring a highly visible ground-floor retail space with excellent street presence, and four bachelor apartments on the second level, providing multiple income streams. Surrounded by established national retailers including LCBO, Loblaws, Winners, Joe Fresh, BMO, Shoppers Drug Mart, and CB2 all on the same city block, and steps from some of Toronto's finest restaurants, cafés, boutiques, galleries, and entertainment venues, this location consistently attracts strong pedestrian and vehicular traffic. Nearby universities, public transit at doorstep, and walking distance to the renowned Trinity Bellwoods Park further enhance the property's long-term desirability. Photos have been digitally enhanced.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 56% of comparable retail listings in Waterfront Communities are asking less.
Based on 18 comparable active retail listings in Waterfront Communities. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $2,550,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of HIGH POINT REALTY 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.
What similar homes in this area actually sold for.
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$2,950,000
Waterfront Communities · C01
Listing courtesy of CUSHMAN & WAKEFIELD
$2,600,000
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Listing courtesy of THE GREENHEART GROUP
$2,100,000
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Listing courtesy of HARVEY KALLES REAL ESTATE LTD.
$2,095,000
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Listing courtesy of RE/MAX REALTRON REALTY INC.
$2,800,000
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Listing courtesy of Royal LePage Real Estate Associates