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$679,000

511 Queen St E

Toronto C08, ON M5A 1V1

511 Queen St E, Toronto C08 — Listed at $679,000. 2 bedroom, 1 bathroom Commercial Retail. MLS® C13057364.

2Beds
1Baths
1,500Sq Ft
Commercial Retail
$6,093Taxes/yr · 2025
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Description

Exceptional Duplex freehold Townhouse & commercial investment opportunity in the heart of Toronto's vibrant and highly sought-after Corktown community. This rare offering features approximately 1,500 sq. ft. of prime downtown real estate in one of the city's most rapidly evolving neighbourhoods. Currently configured as two self-contained 1-bedroom, 1-bathroom units, the property offers strong income potential with the opportunity to renovate, reposition, or completely transform to maximize value. This property presents an outstanding canvas for investors, end-users, or developers looking to unlock its full potential. Unbeatable location with direct access to Queen St E and TTC at your doorstep, seamless connectivity to the DVP and Gardiner Expressway, and just a short walk to the upcoming Ontario Line subway. Previously commercial and now residentially zoned, the property offers flexibility with potential to convert back to commercial use (buyer to verify). A rare opportunity to secure a value-add property in one of Toronto's most dynamic and established neighbourhoods. Rent one unit and live in the other one! Currently being used as a duplex.

Property Details

Property TypeCommercial Retail
CommunityMoss Park
Kitchens2
Washrooms1
Lot Dimensions13.08 × 84.5 ft
Dir/Cross StQueen St E /River St
Garage TypeNone
Heating TypeBaseboard
Heating SourceElectric
A/CNo
Taxes (2025)$6,093
HSTIncluded In
SecurityNo
Listed Date4/29/2026
Days on Market197 days
PossessionTBA

Business Details

Property Sub-TypeCommercial Retail
Property UseMulti-Use
Occupant TypeVacant
Showing RequirementsLockbox
Possession TypeImmediate
Listing Expires12/31/2026

Commercial Space & Financials

Retail Area1,500 Sq Ft

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Listing Courtesy of: RE/MAX HALLMARK REALTY LTD.

MLS® #C13057364

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: 511 Queen Street E

This commercial retail is located in the Moss Park neighbourhood of Toronto.

The home offers 2 bedrooms, 1 bathroom.

Additional details: lot dimensions of 13.08 × 84.5 feet.

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About Toronto Real Estate

This Commercial Retail is located in the Moss Park community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →