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For saleMLS® C14121850

301-311 Queen Street E, Toronto, ON M5A 1S7

Moss Park · C08 · M5A 1S7

$7,950,000

$723 / sq ft

1 weeks on market

Interior
11,001 sf
Lot
116 × 100 ft

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About this property

An exceptional opportunity to acquire a prime redevelopment site in the heart of Toronto's Queen Street East corridor. A development scheme has been prepared for the site contemplating an 18-storey mixed-use residential tower through lot combination, with an FSI of 12. The proposed scheme includes approximately 130,920 sf of GFA, 175 units, and 2,250 sq ft of ground-floor retail, with 17 parking spaces. Previously operating as an event venue, the property offers potential holding income if re-leased while a purchaser advances through the approval process. Situated at the corner of Queen Street E and Berkeley Street, the site benefits from excellent transit access, strong neighbourhood amenities, and continued intensification pressure in the surrounding area. This property is being offered for sale by way of receivership.

Property details

Property

Property type
vacant land
Interior size
11,001 sq ft
Lot size
116 × 100 ft
Zoning
(H) CR 6.75 (c0.95;r5.9) SS2 (x782)
Possession
TBD

Exterior & services

Sewer
Sanitary+Storm

Costs

List price
$7,950,000
Property taxes
$164,594 / year (2025)
Price per sq ft
$723

Listing

MLS® number
C14121850
Status
For sale
Listed
October 27, 2026
Days on market
8
Last updated
October 27, 2026
Listing brokerage
COLLIERS

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 93% of comparable vacant land listings in Toronto are asking less.

$1Median $1.30M$6.22M
This home
$723 / sq ft
Comparable median
$240 / sq ft

Based on 95 comparable active vacant land listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $1,590,000
$1,590,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$35,165.53
Property tax (est.)
$13,716.19
Estimated monthly
$48,882

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
$185,225
Toronto municipal
$303,725
Total due on closing
$488,950

An estimate on the asking price of $7,950,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of COLLIERS. 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.

$7,950,000

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Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

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