Fully renovated mixed-use investment property. A rare opportunity to acquire a turn-key mixed-use building in the high demand Parkdale corridor of Queen Street West. This property has been fully renovated and modernized from top to bottom, providing a strong, low-maintenance investment with dual income streams. Investment Highlights - Main floor commercial unit: currently leased to a professional skin clinic, benefiting from high pedestrian and vehicle traffic along Queen West. Upper-level residential: spacious and fully renovated 2-bedroom + living room apartment, offering excellent rental income potential or live-work flexibility. Capital Improvements: complete renovation includes new mechanical, electrical, plumbing, cabinetry, and windows - significantly reducing future capital expenditures. Location Advantage: situated in one of Toronto's most dynamic neighbourhoods, steps to transit, retail, and a growing residential base that supports strong commercial tenancy. Key Features - entire building gut-renovated and fully updated; prime Queen St W exposure with strong tenant visibility; secure commercial and residential rental streams; low operating costs with all major systems recently upgraded; perfect for investors seeking a stabilized, turn-key asset in a thriving Toronto neighbourhood.
New alarm and security camera system, LED lighting throughout, exterior LED pot lights, oak stain floors, exposed brick and cinder block, 10ft pressed ceiling, 4 parking spots.
City: Toronto
Neighborhood: Roncesvalles
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Sep 24, 2025 | N/A | $1,600,000 | N/A | Terminated | W12424997 |
Aug 1, 2024 | N/A | $2,700 | N/A | Sold | W9235358 |
Jun 5, 2024 | N/A | $1,699,000 | N/A | Sold | W8403326 |
Jun 4, 2024 | 88 | $1,699,000 | N/A | Expired | W8403320 |
Feb 24, 2024 | N/A | $1,699,000 | N/A | Sold | W8094508 |
Feb 23, 2024 | 98 | $1,699,000 | N/A | Expired | W8094514 |
Jan 21, 2024 | N/A | $3,300 | N/A | Sold | W8012478 |
Jan 20, 2024 | 90 | $3,500 | N/A | Expired | W8012468 |
Jun 6, 2023 | 72 | $1,799,000 | N/A | Terminated | W6104800 |
May 21, 2023 | N/A | $49 | N/A | Sold | W6048371 |
Mar 6, 2023 | N/A | $1,799,000 | N/A | Sold | W5947867 |
Nov 15, 2022 | N/A | $55 | N/A | Sold | W5826279 |
Jun 23, 2018 | N/A | $3,900 | N/A | Sold | W4109874 |
Located at 1656 Queen St W , this Toronto house went off the market on null. This house's size is 1500-2000 Sqft. It has 2 bedrooms and 1 bathroom. The property includes the following rooms: , , , , , , , , , , , . This property comes with 2 parking spots. 1656 Queen St W, Toronto is situated in the Roncesvalles neighbourhood.
MLS#: W12425002 · $1,600,000 · 2 bedroom house in Roncesvalles, Toronto