708 The Queensway, Toronto, ON M8Y 1L3
Stonegate-Queensway, Toronto · Near The Queensway / Royal York Rd. · View map
About this home
Welcome to 708 The Queensway, situated in the highly desirable and rapidly expanding Stonegate-Queensway neighbourhood. This exceptional two-storey brick commercial-residential property encompasses 3,011 square feet of above-grade space and presents a compelling opportunity to live, work, and invest. The property features two street-front commercial units, each ideally suited for a diverse range of business operations. The basement level beneath the commercial units remains unfinished, offering significant development potential for future expansion or additional revenue streams.The self-contained residential apartment is independently metered and comprises three bedrooms, a full kitchen, and a bathroom. A detached single-car garage provides secure vehicle storage. Notably, this is a rare 25-foot-wide building, maximizing floor space and versatility.The property's location offers exceptional convenience and strategic positioning. Proximity to the QEW and the recently revitalized Kipling Transit Hub provides seamless connectivity to the TTC, GO Transit, and MiWay Mississauga Transit, ensuring superior regional mobility. The area is experiencing significant revitalization, with multiple new condominium developments planned within a 2-kilometre radius, enhancing long-term property value and neighbourhood amenities. Excellent shopping, dining, business services, and proximity to Pearson International Airport further strengthen this investment opportunity. Residential unit IS Vacant, Main floor retail Currently leased on a month-to-month basis with potential for vacancy. This property represents a rare opportunity to acquire a distinctive mixed-use asset in a transforming, high-demand neighbourhood.
The home
- Type
- Store w apt / office
- Square footage
- 3011 sq ft
- Lot size
- 25 x 110 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Radiant
- Air conditioning
- Yes
Garage & parking
- Garage
- Single Detached
- Driveway spaces
- 2
- Total parking
- 2
Taxes & other
- Property taxes
- $13,815/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- 60-89 days
- Cross street
- The Queensway / Royal York Rd.
- Neighbourhood
- Stonegate-Queensway
More
- MLS® number
- W13839156
No matching details. Ask Will instead
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.
708 The Queensway N/A, Toronto, ON M8Y 1L3
Stonegate-Queensway, Toronto · Near The Queensway / Royal York Rd.
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 708 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.
Frequently asked questions about 708 The Queensway
Answers come straight from this home’s MLS® listing.
How much is 708 The Queensway listed for, and what would it cost each month?
708 The Queensway is listed for $1,400,000. With 20% down ($280,000), the mortgage payment would be roughly $5,647 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,798 a month, all in. That figure is an illustration, not a quote.
Is 708 The Queensway freehold or a condo, and is there a monthly fee?
708 The Queensway is a store w apt / office in Stonegate-Queensway, 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 708 The Queensway have a garage and parking?
Yes. The listing shows the garage as single detached. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.
What style of home is 708 The Queensway?
708 The Queensway is a store w apt / office. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 708 The Queensway, and what is the lot size?
The lot is listed as 25 x 110 ft.
How is 708 The Queensway heated and cooled?
Heating is radiant. Cooling is yes.
What are the property taxes for 708 The Queensway?
Property taxes are $13,815 a year (2026), or about $1,151 a month.
Where is 708 The Queensway?
708 The Queensway is in the Stonegate-Queensway community of Toronto. The nearest main intersection is The Queensway / Royal York Rd.. The postal code is M8Y 1L3.
Is 708 The Queensway still for sale?
Yes. It is an active listing (MLS® W13839156). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 708 The Queensway asking?
Similar properties for sale nearby right now include 693 The Queensway at $1,299,000, 691 The Queensway at $1,099,900 and 958 The Queensway at $1,575,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 708 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 708 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.
Similar properties nearby
More properties for sale near Stonegate-Queensway, picked by style, size and price.
Commercial retail$1,299,000693 The Queensway, TorontoStonegate-QueenswayCourtesy of: CENTURY 21 LEGACY LTD.View home →
Commercial retail$1,099,900691 The Queensway, TorontoStonegate-QueenswayCourtesy of: RE/MAX GOLD REALTY INC.View home →
Store w apt / office$1,575,000958 The Queensway, Toronto3 bed · 1 bath · Stonegate-QueenswayCourtesy of: ROYAL LEPAGE TERREQUITY REALTYView home →Courtesy of: RE/MAX WEST REALTY INC.
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.