For saleMLS® W13550506

1260 The Queensway, Toronto, ON M8Z 1S2

Islington-City Centre West, Toronto · Near Kipling & Queensway · View map

$1,880,000
6Baths
2996Sq ft
Commercial retailType
LaneGarage
1 totalParking
$10,835/yrTaxes
$1,880,000
FreeholdNo monthly condo fee
Lane garage1 parking space in total
Lot 19.8 x 98.4 ftThe land comes with the home

About this home

Corner Commercial & Residential Building With 4 Apartments. Great Exposure, Banks & Car Dealerships, Dental Office & Drug Store Just Next Door. Major Route & Lots Of Traffic, Rapid Developing Area with lots of new Condos, Minutes To Ikea, Qew, Ttc To Subway, M/M Tenants Pay Hydro, Roof About 15 Yrs, Windows 10 Yrs, Owners Run Chinese Restaurant With Sit In (12 Seats, 5 Tables). Mostly Customers Pick Up, Very Profitable Business, Owners Retiring, Vacant Possession Of Restaurant. Price For Building + Restaurant Equipment (See Schedule "C"). Suitable For Any Other Business. Buyer To Assume Existing 4 Tenants. There are 3x4pc. & 1x3pc. Bathrooms and 2x2pc Washrooms. Basement with One Apartment and Separate Entrance. Rental Income from Four Apartments is $5,500/month. Restaurant Business $7,000-$8,000/week.

The home

Type
Commercial retail
Square footage
2996 sq ft
Bathrooms
6
Lot size
19.8 x 98.4 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Hot Water

Garage & parking

Garage
Lane
Driveway spaces
1
Total parking
1

Taxes & other

Property taxes
$10,835/yr
Tax year
2025
Occupancy
Owner+Tenant
Possession
To Be Negotiated
Cross street
Kipling & Queensway
Neighbourhood
Islington-City Centre West

More

MLS® number
W13550506

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$8,486per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    1260 The Queensway N/A, Toronto, ON M8Z 1S2

    Islington-City Centre West, Toronto · Near Kipling & Queensway

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    Sold history

    Listing history for 1260 The Queensway N/A

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 1260 The Queensway

    Answers come straight from this home’s MLS® listing.

    How much is 1260 The Queensway listed for, and what would it cost each month?

    1260 The Queensway is listed for $1,880,000. With 20% down ($376,000), the mortgage payment would be roughly $7,583 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $8,486 a month, all in. That figure is an illustration, not a quote.

    Is 1260 The Queensway freehold or a condo, and is there a monthly fee?

    1260 The Queensway is a commercial retail in Islington-City Centre West, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 1260 The Queensway have a garage and parking?

    Yes. The listing shows the garage as lane. The driveway adds 1 space. In total the listing counts 1 parking space.

    What style of home is 1260 The Queensway?

    1260 The Queensway is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 1260 The Queensway, and what is the lot size?

    The lot is listed as 19.8 x 98.4 ft.

    How is 1260 The Queensway heated and cooled?

    Heating is gas hot water. The listing does not show air conditioning.

    What are the property taxes for 1260 The Queensway?

    Property taxes are $10,835 a year (2025), or about $903 a month.

    Where is 1260 The Queensway?

    1260 The Queensway is in the Islington-City Centre West community of Toronto. The nearest main intersection is Kipling & Queensway. The postal code is M8Z 1S2.

    Is 1260 The Queensway still for sale?

    Yes. It is an active listing (MLS® W13550506). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 1260 The Queensway asking?

    Similar properties for sale nearby right now include 5118 Dundas Street W at $1,989,000, 6B - 66 Jutland Road at $1,740,990 and 38 - 74 Jutland Road at $1,639,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 1260 The Queensway N/A sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 1260 The Queensway?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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