544 Queen Street W, Toronto, ON M5V 2B5
Kensington-Chinatown, Toronto · Near Queen St & Bathurst St · View map
About this home
***Lots of potential for growth in this well-established, profitable, environmentally friendly dry-cleaning business at 544 Queen Street West*** with high current sales serving hotel accounts, dry cleaners, convention centres, and walk-in customers. Increased sales Y-O-Y (2025 to 2026). All equipment fully owned-none leased, none rented. Full depot customer-facing storefront on busy Queen Street with complete plant on-site garment-care production, shirt-finishing and pressing equipment, boilers, commercial washers, and dryers to serve commercial B2B clients, which include dry cleaners, hotels, and convention centres. An amazing opportunity for an owner-operator or an existing garment-care business seeking an additional location. Seller will train buyer on how to operate and grow this successful business.
The home
- Type
- Sale of business
- Square footage
- 1942 sq ft
- Bathrooms
- 1
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
Garage & parking
- Garage
- Outside/Surface
- Total parking
- None
Taxes & other
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Queen St & Bathurst St
- Neighbourhood
- Kensington-Chinatown
More
- MLS® number
- C14100046
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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.
544 Queen Street, Toronto, ON M5V 2B5
Kensington-Chinatown, Toronto · Near Queen St & Bathurst St
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Listing history for 544 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 544 Queen Street W
Answers come straight from this home’s MLS® listing.
How much is 544 Queen Street W listed for, and what would it cost each month?
544 Queen Street W is listed for $590,000. With 20% down ($118,000), the mortgage payment would be roughly $2,380 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,749 a month, all in. That figure is an illustration, not a quote.
Is 544 Queen Street W freehold or a condo, and is there a monthly fee?
544 Queen Street W is a sale of business 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 544 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 544 Queen Street W?
544 Queen Street W is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 544 Queen Street W heated and cooled?
Heating is gas forced air closed. The listing does not show air conditioning.
Where is 544 Queen Street W?
544 Queen Street W is in the Kensington-Chinatown community of Toronto. The nearest main intersection is Queen St & Bathurst St. The postal code is M5V 2B5.
Is 544 Queen Street W still for sale?
Yes. It is an active listing (MLS® C14100046). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 544 Queen Street W asking?
Similar properties for sale nearby right now include 2 - 2359 Queen Street E at $520,000, 1154 Queen Street W at $459,000 and MAIN/BASEMENT - 46 Kensington Avenue at $568,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 544 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 544 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
More properties for sale near Kensington-Chinatown, picked by style, size and price.
Commercial retail$520,0002 - 2359 Queen Street E, TorontoThe BeachesCourtesy of: RIGHT AT HOME REALTYView home →
Sale of business$459,0001154 Queen Street W, Toronto3 bath · Little PortugalCourtesy of: SAVE MAX REAL ESTATE INC.View home →
Sale of business$568,000MAIN/BASEMENT - 46 Kensington Avenue, TorontoKensington-ChinatownCourtesy of: HOMELIFE NEW WORLD REALTY INC.View home →Courtesy of: REMAX CONNECT REALTY
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.