708 The Queensway
Toronto, M8Y 1L3
FOR SALE
$1,400,000
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Store W Apt/Office
CATEGORY 1,143 Sq Ft
OFFICE/APT AREA W13839156
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Property Description
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.
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Property Details
Address
708 The Queensway
Community
City
Postal Code
M8Y 1L3
Property Type
Store W Apt/Office, Store W Apt/Office
Use
Store With Apt/Office
Zoning
CR
Lot Size
25' x 110'
Office Area
1,143 Sq Ft
Retail Area
1,868 Sq Ft
Taxes
$13,815 (2026
Heat Type
Radiant
Water
Municipal
Parking Spaces
2
Garage Type
Single Detached
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Listing contracted with Re/Max West Realty Inc.
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