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Last Updated : 64 Days ago
242 Queen Street W, Toronto, ON, Kensington-Chinatown
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242 Queen Street W, Toronto MLS Number: C9385881

Kensington-Chinatown, Toronto, ON, M5V 1Z7

$3,399,000

Price drop by $300,000

Status: For Sale

  • Property Type: Commercial (Commercial Retail)
  • Property Taxes : $40125.43 (Tax Year:2024)
  • Listing Courtesy : Cushman & Wakefield

242 Queen Street W Property Description

Landmark END-USER / INVESTMENT opportunity along most prime stretch of acclaimed Queen St. W. Retail leased to Dragon Vape, one of Canadas largest e-cig suppliers, secured w/ corp covenant via wholesale ops. Option for vacant possession of retail on closing for end user. Direct sightlines to Bell Media HQ for rare on-air visibility & strong foot traffic. Previously leased to John Fluevog & Wine Rack @ premium rents. Upper levels have two large semi-attached 3-bed apts (3rd flr via 2nd flr corridor) w/ stable mo-to-mo tenants + roof decks/patios. Flexibility to reconfigure + increase rents. Bonus high & dry basement (not in SF), large rear parking + dbl-door shipping. All leases under market w/ near-term value-add at a great going in price point.

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242 Queen Street W Property Facts

Property Type :Commercial
MLS Number :C9385881
Listing Type :Sale
Possession Date :
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Last Updated :02 Oct, 2025 (64 Days ago)
Source :Toronto Regional Real Estate Board
Area :Toronto
Postal Code : M5V 1Z7
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242 Queen Street W Property Price & Tax Insights

Price : $3,399,000
Property Taxes :$40125.43
Tax Year :2024

242 Queen Street W, Toronto Property Details

Air Conditioning :Partial
Heating :Gas Forced Air Open
Cross Street :Queen Street W between John St & McCaul directly across Bell HQ

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242 Queen Street W - Location Map and Landmarks

  • Osgoode Subway, Toronto 0.32 km
  • St Andrew Subway, Toronto 0.55 km
  • St Patrick Subway, Toronto 0.56 km
  • Queen Subway, Toronto 0.96 km
  • Union Train Station, Toronto 1.02 km
  • Union Go Station, Toronto 1.02 km
  • Union Station Subway, Toronto 1.04 km
  • King Subway, Toronto 1.04 km
  • Dundas Subway, Toronto 1.08 km
  • Queen'S Park Subway, Toronto 1.08 km
  • Ocad University - Inclusive Design Institute, Toronto 0.17 km
  • Ocad University - Student Centre, Toronto 0.2 km
  • Ocad University - Abovegrd Art Supplies, Toronto 0.26 km
  • Ocad University - Main Building, Toronto 0.32 km
  • Ogden Junior Public School, Toronto 0.36 km
  • Ocad University - The Learning Zone, Toronto 0.38 km
  • Contact Alternative School, Toronto 0.41 km
  • Ocad University - Annex Building, Toronto 0.42 km
  • Ocad University - Rosalie Sharp Pavilion, Toronto 0.44 km
  • Heydon Park Secondary School, Toronto 0.62 km
  • University Health Network - Toronto Rehabilitation Institute, Toronto 0.72 km
  • Sinai Health System - Mount Sinai, Toronto 0.81 km
  • The Leroy And Elizabeth Macmillan Plastic Surgery Clinic, Toronto 0.82 km
  • Mount Sinai Hospital, Toronto 0.82 km
  • The Women'S Auxiliary Play Park, Toronto 0.85 km
  • University Health Network - Princess Margaret Cancer Centre, Toronto 0.88 km
  • Princess Margaret Hosp, Toronto 0.89 km
  • Hospital for Sick Children, Toronto 0.9 km
  • The Hospital For Sick Children, Toronto 0.9 km
  • Tgh Peter Munk Cardiac Centre, Toronto 0.95 km
  • Kabul Farms, Toronto 0.2 km
  • Lucky Moose Food Mart, Toronto 0.47 km
  • Marketplace, Toronto 0.53 km
  • China City Supermarket, Toronto 0.55 km
  • Ho Long Supermarket, Toronto 0.58 km
  • Hang Hing Hong Foods, Toronto 0.58 km
  • Kai Wei Supermarket, Toronto 0.58 km
  • Sinnon Fruit Market, Toronto 0.59 km
  • Chinatown Centre, Toronto 0.62 km
  • Uniwell Building, Toronto 0.63 km
  • Mccaul Street and Queen Street West, Toronto 0.08 km
  • Queen Street West and Duncan Street, Toronto 0.1 km
  • Richmond Street West and John Street, Toronto 0.11 km
  • Beverley Street and Queen Street West, Toronto 0.12 km
  • Richmond Street West and Duncan Street, Toronto 0.14 km
  • St Patrick Street and Queen Street West, Toronto 0.17 km
  • Queen Street West and Peter Street, Toronto 0.25 km
  • Adelaide Street West and John Street, Toronto 0.26 km
  • Adelaide Street West and Duncan Street, Toronto 0.27 km
  • Richmond Street West and Peter Street, Toronto 0.28 km

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Houses For Sale in Kensington-Chinatown
Last Updated :176 Days ago
11 Soho Street, Toronto, ON
11 Soho Street Kensington-Chinatown, Toronto, ON
$1350000.0
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  • 2500-3000 sq-ft
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96 St Patrick Street, Toronto, ON
96 St Patrick Street Kensington-Chinatown, Toronto, ON
$1285000.0
  • 2 Ba
  • 2500-3000 sq-ft
Last Updated :163 Days ago
42 Carr Street, Toronto, ON
42 Carr Street Kensington-Chinatown, Toronto, ON
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210 Simcoe Street, Toronto, ON
210 Simcoe Street Kensington-Chinatown, Toronto, ON
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72 St. Patrick Street, Toronto, ON
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80 Vanauley Street, Toronto, ON
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488 University Avenue, Toronto, ON
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426 University Avenue, Toronto, ON
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426 University Avenue, Toronto, ON
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FAQs: 242 Queen Street W, Toronto

  • Q: Does this Project 242 Queen Street W available for Sale ?

    A: The project 242 Queen Street W is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.

  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.

  • Q:What are the Key Features 242 Queen Street W is Offering?

    A:Square Yards is giving a Cashback of $16,995 if you buy this property from us, however there are several key features offered by the 242 Queen Street W. You get + Beds with Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.

  • Q:How many Beds & Baths available in 242 Queen Street W, Toronto?

    A: 242 Queen Street W, Toronto comes with + Beds for maximum convenience and space. There are baths available as well for when you have guests over or if you have a large family!

  • Q:How many Apartments and Condos are available for Sale in Toronto, On?

    A:Toronto, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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Price drop by $300,000

$3,399,000

242 Queen Street W, Toronto, ON

Listing ID #C9385881

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