474 Queen Street W, Toronto, ON M5V 2B2
Kensington-Chinatown, Toronto · Near Queen St. W. / Spadina · View map
About this home
Prime Queen West Commercial Opportunity Not surprisingly, this exceptional commercial opportunity is located in the heart of Toronto's vibrant Queen West neighbourhood, one of the city's most sought-after destinations for shopping, dining, entertainment, and culture. Enjoy excellent pedestrian and vehicular traffic,convenient public transit, and strong exposure in an established and rapidly developing area surrounded by numerous condominium developments.The exceptionally clean and spacious main-floor commercial space features approximately 13-foot ceilings, with an additional basement offering approximately 7.5-foot ceilings. The property includes two washrooms and provides a versatile layout suitable for a variety of permitted commercial uses. No cannabis or restaurant uses.Flexible leasing options available: the main-floor commercial space and basement can be leased separately or together, providing an excellent opportunity to accommodate different business requirements and space needs.The property is currently tenanted; however, the possession/availability date is flexible and can be arranged with approximately 60 days' notice.An excellent opportunity for an owner-user or established business looking to establish a presence in one of Toronto's most dynamic and high-traffic neighbourhoods. Easy access to public transit and surrounded by established businesses, new developments, and a thriving Queen West community. The basement rental rate is negotiable and will depend on weather the basement is leased separately or together with the main floor.
The home
- Type
- Commercial retail
- Square footage
- 1760 sq ft
- Bathrooms
- 2
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Water Radiators
- Air conditioning
- Yes
Garage & parking
- Garage
- Outside/Surface
- Total parking
- None
Taxes & other
- Property taxes
- $23/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Queen St. W. / Spadina
- Neighbourhood
- Kensington-Chinatown
More
- MLS® number
- C13691360
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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.
474 Queen Street, Toronto, ON M5V 2B2
Kensington-Chinatown, Toronto · Near Queen St. W. / Spadina
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Listing history for 474 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 474 Queen Street W
Answers come straight from this home’s MLS® listing.
How much is 474 Queen Street W listed for, and what would it cost each month?
474 Queen Street W is listed for $42. With 20% down ($8), the mortgage payment would be roughly $0 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2 a month, all in. That figure is an illustration, not a quote.
Is 474 Queen Street W freehold or a condo, and is there a monthly fee?
474 Queen Street W is a commercial retail in Kensington-Chinatown, 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 474 Queen Street W have a garage and parking?
Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.
What style of home is 474 Queen Street W?
474 Queen Street W is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 474 Queen Street W heated and cooled?
Heating is water radiators. Cooling is yes.
What are the property taxes for 474 Queen Street W?
Property taxes are $23 a year (2026), or about $2 a month.
Where is 474 Queen Street W?
474 Queen Street W is in the Kensington-Chinatown community of Toronto. The nearest main intersection is Queen St. W. / Spadina. The postal code is M5V 2B2.
Is 474 Queen Street W still for sale?
Yes. It is an active listing (MLS® C13691360). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 474 Queen Street W asking?
Similar properties for sale nearby right now include 508 Queen Street E at $42, 1267 Queen Street W at $45 and 780 Queen Street E at $45. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 474 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 474 Queen Street W?
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.