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106 Queen Street

Toronto C08, ON M5C 1S6

ActiveFor Sale
0 Beds
4 Baths
1,410 Sq Ft
1,410 Lot Sq Ft
Commercial

About This Property

Huge price reduction! Prime mixed-use opportunity in the heart of downtown. Three-storey building plus basement with strong income potential and flexible future use .Main floor currently operating as a restaurant, providing immediate commercial presence and street-level exposure. Second and third floors are vacant-ideal for office, creative workspace, or conversion to residential units. Excellent opportunity to add value through repositioning or lease-up. Bright, south-facing upper levels offer loft-style space with high ceilings and natural light-well suited for modern office or residential layouts. At the rear, a separate bachelor unit provides additional income, currently tenanted on a month-to-month basis. Well-priced asset with multiple exit strategies: hold and lease, reposition, or partial residential conversion. Please note that the property is listed as historical. Retail is tenanted, 2nd floor is vacant, 3rd floor is vacant, back (2nd floor) bachelor unit is tenanted - all tenants to be assumed

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size1,410 sq ft
Lot Size1,410 sq ft
Bedrooms0
Bathrooms4
Postal CodeM5C 1S6
Last UpdatedAug 8, 2026 · 7:18 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® C12899468

Listed by HARVEY KALLES REAL ESTATE LTD.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,499,900

asking price

MLS®C12899468
TypeCommercial
CityToronto C08
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$7,324

/month · $1,199,920 mortgage

Down Payment20% — $299,980
Interest Rate5.5%

Amortization

Total Interest

$997,343

Total Cost

$2,197,263

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

HARVEY KALLES REAL ESTATE LTD.