250 Queen Street E, Toronto, ON M5A 1S3
Moss Park, Toronto · Near Queen and Sherbourne · View map
About this home
Exceptional investment and redevelopment opportunity in the heart of downtown Toronto. Located at 250 Queen Street East, this high-visibility mixed-use property offers premium land positioning directly across from active high-rise development and within easy distance to the Eaton Centre, Queen Station, Financial District, TMU, George Brown, hospitals, and major employment hubs.The main level features a spacious vacant 3,487 sq ft commercial space suitable for retail, service, hospitality, wellness, office, or creative commercial uses. Strong foot and vehicle traffic provide excellent visibility and branding potential.Above the commercial space is a licensed 20-room apartment complex totaling approx. 4,418 sq ft, offering immediate rental income and flexible future options. Ideal for investors seeking both cash flow and long-term upside. Total above-ground area: 7,905 sq ft.Located in the rapidly transforming Moss Park corridor, surrounded by new and proposed condominium towers, modern retail, transit routes, and ongoing revitalization. This is one of Toronto's most active areas for urban intensification and mixed-use development.Perfect for developers, land bankers, end-users, or value-add investors looking for a downtown asset with future potential.Prime Queen Street East exposure, unmatched walkability, and strong long-term appreciation fundamentals make this a rare opportunity in Toronto's core.
The home
- Type
- Commercial retail
- Square footage
- 3487 sq ft
- Lot size
- 35.3 x 100 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Partial
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $30,150/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Queen and Sherbourne
- Neighbourhood
- Moss Park
More
- MLS® number
- C12554114
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
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.
250 Queen Street, Toronto, ON M5A 1S3
Moss Park, Toronto · Near Queen and Sherbourne
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Listing history for 250 Queen Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 250 Queen Street E
Answers come straight from this home’s MLS® listing.
How much is 250 Queen Street E listed for, and what would it cost each month?
250 Queen Street E is listed for $5,900,000. With 20% down ($1,180,000), the mortgage payment would be roughly $23,799 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $26,311 a month, all in. That figure is an illustration, not a quote.
Is 250 Queen Street E freehold or a condo, and is there a monthly fee?
250 Queen Street E is a commercial retail in Moss Park, 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 250 Queen Street E have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 250 Queen Street E?
250 Queen Street E is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 250 Queen Street E, and what is the lot size?
The lot is listed as 35.3 x 100 ft.
How is 250 Queen Street E heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 250 Queen Street E?
Property taxes are $30,150 a year (2025), or about $2,512 a month.
Where is 250 Queen Street E?
250 Queen Street E is in the Moss Park community of Toronto. The nearest main intersection is Queen and Sherbourne. The postal code is M5A 1S3.
Is 250 Queen Street E still for sale?
Yes. It is an active listing (MLS® C12554114). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 250 Queen Street E asking?
Similar properties for sale nearby right now include 250 Queen Street E at $5,900,000, 728 Queen Street E at $5,650,000 and 1096 Queen Street W at $5,100,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 250 Queen Street 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 250 Queen Street E?
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.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.