1696 Queen Street W

Roncesvalles, Toronto W01, ON M6R 1B3

$1,599,000

About This Property

Excellent opportunity for both end users and investors! This well-maintained commercial building offers strong income potential and exceptional flexibility. Featuring prominent street presence with large storefront windows, the property attracts both foot and vehicle traffic, making it ideal for a wide range of retail or service-based businesses. The commercial unit provides over 1,200 sq. ft. of space plus a full basement, offering ample room for operations, storage, or expansion. The space boasts excellent ceiling height, hardwood floors, a bathroom, and a storefront in excellent condition. Zoning permits a variety of retail uses, enhancing its versatility. Existing commercial tenants are flexible and can stay or vacate for your own use. To boost its investment appeal, two sizable one-bedroom apartments generate additional income. One unit has been recently renovated, and both are easy to rent, ensuring reliable cash flow. Additional features include updated electrical and roof, as well as ample parking at the rear of the building. Conveniently located near key amenities and transportation routes, this property combines accessibility with long-term value. A rare income-generating opportunity in a desirable location - ideal for investors or owner-operators alike.