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For saleMLS® C13650634

230 Queen Street W, Toronto, ON M5V 1Z6

Kensington-Chinatown · C01 · M5V 1Z6

$3,580,000

$1,082 / sq ft

3 months on market

Total area
3,309 sf
Lot
20.03 × 121.7 ft

What's special

  • Outside/surface garage
  • Yes

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About this property

Great Investment opportunity to own located at the heart of the "Queen West" neighborhood, one of Toronto's most desirable and dynamic iconic areas, featuring national retail tenants like Starbucks, subway, Scotiabank, TD bank, Tim Hortons and etc. FULLY leased AAA tenant with franchised branding and stable 10 yrs long lease guaranteed return. The neighborhood seamlessly blends historic charm with modern developments, making it a desirable location for both living and investment. 20 feet frontage on Queen St W with basement and parking in garage in the back of the building. Current tenant pizza shop has a flexible lease term could stay or leave by notice. Spending $300K+ upgrades the building: New service for sprinkle system (2025), New Garage door(2025), New painting wall upstairs (2025), the electrical panels service 400Amps, New roof replaced( 2020), Installed new AC & Furnaces equipment (2019), Repiped Gas lines and gas blocks (2019). 3309 sq ft plus1482 sq ft basement for storage total 4790 sq ft.

Property details

Property

Property type
retail
Interior size
3,309 sq ft
Lot size
20.03 × 121.7 ft
Zoning
CR 3
Possession
TBD

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Outside/Surface

Costs

List price
$3,580,000
Property taxes
$77,103 / year (2026)
Price per sq ft
$1,082

Listing

MLS® number
C13650634
Status
For sale
Listed
August 7, 2026
Days on market
90
Last updated
August 7, 2026
Listing brokerage
CYPRO REALTY INC.

Price & sale history

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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 84% of comparable retail listings in Kensington-Chinatown are asking less.

$192KMedian $1.84M$4.45M
This home
$1,082 / sq ft
Comparable median
$690 / sq ft

Based on 32 comparable active retail listings in Kensington-Chinatown. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $716,000
$716,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$15,835.55
Property tax (est.)
$6,425.25
Estimated monthly
$22,261

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
$75,975
Toronto municipal
$81,775
Total due on closing
$157,750

An estimate on the asking price of $3,580,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CYPRO REALTY INC.. 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.

$3,580,000

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