For SaleStore W Apt/Office

414 Queen Street W

$3,299,000
5 Bath5,000 sqft$660/sq ft271d on market
MLS# C12460064Kensington-Chinatown, Toronto · M5V 2A7
Bedrooms
Bathrooms
5 Bath
Size
5,000 sq ft
Parking
None

About This Listing

Don't miss this Historical Queen St West diamond in the rough! Tremendous potential for development of multi-unit residential in a prime location on the future Ontario Line. A rare 4 storey building on the bustling Queen St strip, currently mixed use-restaurant/residential with a trusted long term commercial tenant in place. Main Floor restaurant is 2235 sq. ft. plus approximately 1800 sq. ft. basement, with AC, Sprinklers, lease in place until 2027. The Upper 2nd, 3rd & 4th floor are 840 sq. ft per floor of residential with potential for 3-6 units. Upper floors are in original condition with a grand central staircase. Entire building has radiant heat, metal fire escapes and full washrooms on each floors. Lot is Approximately 20 ft x 120 ft, narrows in rear. This building has unlimited potential for investment, renovate for office or multi-unit residential in a prime location on the future Ontario Line in the heart of Queen West. Property is offered in AS-IS condition. New insulated entry door to residential installed 2024.

Monthly Mortgage (P&I)$14,373
Property Tax (MLS)$3,034
Maintenance Fees$0
Total Monthly Cost$17,407

Down payment: $659,800 (20.0%) · Mortgage: $2,639,200

Property tax uses MLS annual tax of $36,402/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberC12460064
Property TypeStore W Apt/Office
StyleStore With Apt/Office
Listing TypeFor Sale
StatusActive
Bathrooms5
Size5,000 sq ft
Parking TypeNone
Property Tax$36,402.47/yr
Days on Market271
Listed2025-10-14
CommunityKensington-Chinatown
MunicipalityToronto
Cross StreetQueen & Spadina

Listing provided by CRESCENT REAL ESTATE INC.

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Data last updated: August 22, 2026 at 02:25 p.m.