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499 Queen St W

6,050 SF Retail Building Toronto, ON M5V 2B4 $4,900,000 CAD ($810 CAD/SF) 5.15% Cap Rate

INVESTMENT HIGHLIGHTS

  • Unbeatable Location
  • Very High Foot Traffic
  • Non Stop Exposure & Elite Brand Neighbors

EXECUTIVE SUMMARY

Rare Queen West Investment Opportunity – A Blank Canvas for Unmatched Potential!
Welcome to 499 Queen Street West, an extraordinary vacant possession opportunity in Toronto’s most dynamic and high-demand retail corridor. Positioned in the heart of Queen West, a globally recognized cultural and shopping destination, this property offers unrivaled exposure, relentless foot traffic, and proximity to top-tier brands, trendy boutiques, and iconic dining hotspots. With no existing tenant obligations, this is a dream opportunity for investors, end-users, and visionaries looking to secure a flagship retail space, high-performing hospitality venue, or premium mixed-use asset in one of the city’s most coveted locations.
This is more than just a property—it’s an opportunity to shape the future of Queen West. Whether you're an investor seeking lucrative market rents, an entrepreneur envisioning a statement-making flagship, or a developer eager to unlock untapped value, this asset provides a rare blank slate in a neighborhood where prime real estate is fiercely contested. The demand for well-located, customizable retail space has never been higher, making this a high-growth, future-proof investment in a district known for soaring property values and long-term appreciation. Seize the moment and position yourself at the epicenter of Toronto’s retail evolution!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,050 SF
Building Class
B
Year Built
1890
Price
$4,900,000 CAD
Price Per SF
$810 CAD
Cap Rate
5.15%
NOI
$252,350 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.98
Lot Size
0.07 AC
Zoning
CR3 - Commercial Residential
Frontage
31 ft on Queen St

AMENITIES

  • Bus Line
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

GoodLife Fitness
Loblaw
Starbucks
Osmow's
YMCA
Barry's
freshii
Cibc
TD Canada Trust
Thai Express
  • Listing ID: 34784947

  • Date on Market: 2025-02-11

  • Last Updated:

  • Address: 499 Queen St W, Toronto, ON M5V 2B4

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