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708 The Queensway, Toronto, ON M8Y 1L3

Toronto W07, ON, M8Y 1L3 · Stonegate-Queensway

— Sq Ft
2 Parking
Store W Apt/Office Type
W13839156 MLS#

About this property

Welcome to 706 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.

Features & Amenities

  • Garage: Single Detached
  • Cooling: Yes
  • Heat Type: Radiant

Property Details

Property Type Commercial
Property Sub-Type Store W Apt/Office
Garage Single Detached
Parking Spaces 2
Heat Type Radiant
Cooling Yes
Annual Tax $13,815
Tax Year 2026

Building & Construction

Building Area Total
3011

Heating & Cooling

Heat Type
Radiant
Cooling
Yes

Parking & Garage

Garage Type
Single Detached
Parking Spaces
2

Lot & Land

Lot Size Units
Feet
Lot Depth
110.00
Lot Width
25.00

Community & Neighborhood

Community Features
Major Highway, Public Transit

Financial & Tax

Tax Annual Amount
$13,815
Tax Year
2026
Tax Assessed Value
$893,000
Possession Type
60-89 days

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Toronto
Cross Street
The Queensway / Royal York Rd.
Directions
The Queensway / Royal York Rd.
Showing Requirements
Showing System
Listing courtesy of RE/MAX WEST REALTY INC.
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