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For saleMLS® C13780256

348 Queen Street W, Toronto, ON M5V 2A2

Kensington-Chinatown · C01 · M5V 2A2

$2,898,000

$966 / sq ft

1 months on market

Total area
3,000 sf
Lot
13 × 110 ft
Age
100+ years

What's special

  • Lane garage
  • Yes

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About this property

Queen West is consistently ranked among the most vibrant neighbourhoods in North America. The area blends fashion, culture, hospitality, and creative industries, supported by a dense residential population and strong daytime workforce. With exceptional pedestrian traffic and a curated mix of national and boutique retailers, the corridor continues to demonstrate long-term rent growth and investment resilience. NOI $120,000 annually.

Property details

Property

Property type
retail
Interior size
3,000 sq ft
Year built
100+
Lot size
13 × 110 ft
Zoning
CR3(c2;r2*1798)
Possession
30-59 days

Interior

Heating
Electric Forced Air
Cooling
Yes

Exterior & services

Garage
Lane

Costs

List price
$2,898,000
Property taxes
$42,651 / year (2026)
Price per sq ft
$966

Listing

MLS® number
C13780256
Status
For sale
Listed
September 14, 2026
Days on market
52
Last updated
September 17, 2026
Listing brokerage
ROYAL ST. ANDREWS REAL ESTATE SERVICES 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 retail listings in Kensington-Chinatown are asking less.

$192KMedian $1.84M$4.45M
This home
$966 / 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 $579,600
$579,600
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$12,818.83
Property tax (est.)
$3,554.25
Estimated monthly
$16,373

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
$58,925
Toronto municipal
$58,925
Total due on closing
$117,850

An estimate on the asking price of $2,898,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL ST. ANDREWS REAL ESTATE SERVICES 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.

$2,898,000

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