499 Queen Street W, Toronto, ON M5V 2B4
Waterfront Communities, Toronto · Near Queen Street West and Spadina Avenue · View map
About this home
Colliers is pleased to present a rare flagship retail opportunity on Queen Street West. 2,800 square feet of ground floor space plus 1,000 sq ft mezzanine with expansion potential, featuring approximately 32 feet of prime frontage and dramatic ceiling heights approaching 30 feet, creating a bright, open environment ideal for standout retail, showroom or experiential concepts. Includes approximately 2,800 sq ft basement space with 10 foot ceilings, and a new direct street level entrance, allowing for flexible layouts, multiple uses, or potential for separate occupancies. Rear lane access via Graffiti Alley provides convenient loading and unmatched branding exposure along one of Toronto's most iconic pedestrian corridors. Offered vacant or tenanted, this is a premier opportunity for owner users, investors, or brands to establish a commanding presence in one of Canada's most dynamic and supply constrained retail nodes.
The home
- Type
- Commercial retail
- Square footage
- 3800 sq ft
- Lot size
- 31.1 x 96.6 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $66,480/yr
- Tax year
- 2025
- Occupancy
- Partial
- Possession
- Immediate
- Cross street
- Queen Street West and Spadina Avenue
- Neighbourhood
- Waterfront Communities
More
- MLS® number
- C13825804
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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.
499 Queen Street, Toronto, ON M5V 2B4
Waterfront Communities, Toronto · Near Queen Street West and Spadina Avenue
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Listing history for 499 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 499 Queen Street W
Answers come straight from this home’s MLS® listing.
How much is 499 Queen Street W listed for, and what would it cost each month?
499 Queen Street W is listed for $4,300,000. With 20% down ($860,000), the mortgage payment would be roughly $17,345 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $22,885 a month, all in. That figure is an illustration, not a quote.
Is 499 Queen Street W freehold or a condo, and is there a monthly fee?
499 Queen Street W is a commercial retail in Waterfront Communities, 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 499 Queen Street W 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 499 Queen Street W?
499 Queen Street W is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 499 Queen Street W, and what is the lot size?
The lot is listed as 31.1 x 96.6 ft.
How is 499 Queen Street W heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 499 Queen Street W?
Property taxes are $66,480 a year (2025), or about $5,540 a month.
Where is 499 Queen Street W?
499 Queen Street W is in the Waterfront Communities community of Toronto. The nearest main intersection is Queen Street West and Spadina Avenue. The postal code is M5V 2B4.
Is 499 Queen Street W still for sale?
Yes. It is an active listing (MLS® C13825804). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 499 Queen Street W asking?
Similar properties for sale nearby right now include 701 Queen Street E at $4,300,000, 502 Queen Street W at $4,500,000 and 2479 Queen Street E at $4,688,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 499 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 499 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.
Similar properties nearby
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Investment$4,688,0002479 Queen Street E, Toronto6 bath · The BeachesCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →Courtesy of: COLLIERS
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.