273 Queen Street W

Waterfront Communities C1, Toronto, M5V 1Z9

$4,999,000

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Listed 92 days ago · MLS® C13585492

About this home

Prime street-front retail opportunity on one of Toronto's most active and sought-after commercial corridors. This boutique commercial building offers over 20 feet of premium frontage on the south side of Queen Street West, providing excellent visibility and presence in the downtown core. The property comprises over 4,000 sq. ft. of total space and has been fully renovated and retrofitted with modern design elements and high-quality finishes throughout. A rare single-car garage adds valuable functionality for retail or service-based uses. Offered 100% vacant with no lease commitments, the property provides complete flexibility for owner-users or investors. A high and dry lower level offers additional usable space beyond the stated square footage. An exceptional opportunity to acquire a turnkey retail building in one of Toronto's most established and continuously evolving commercial districts.

Details

Type
Commercial Retail
Lot
20.51 × 101.56 ft
Garage
Lane
Property tax
$77,039 (2026)
Neighbourhood
Waterfront Communities C1
Municipality
Toronto C01

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
4,073 Square Feet

More

Possession
Flexible
Cross street
Queen & University

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Osgoode Subway4 min walk
  • 🚇 St. Andrew Subway7 min walk
  • 🚆 Toronto Union Station GO15 min walk

Within a 10-minute walk: 24 grocery stores, 577 cafés and restaurants, 23 parks, 28 pharmacies. Nearest grocery: No Frills (200 m). Nearest park: St. Patrick's Square (100 m).

Schools nearby

Elementary

  • Ogden Junior Public School
    EQAO: Gr 6 reading 77%, math 53%
    7 min walk
  • Cornerstone Preparatory School Private11 min walk
  • Beverley School13 min walk
  • ALPHA Alternative Junior School13 min walk

Secondary

  • Contact Alternative School7 min walk
  • Heydon Park Secondary School
    EQAO: Gr 9 math 8%
    11 min walk
  • Subway Academy II Private13 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5V

Owners / renters
42% / 58%
Median household income
$91,000
Average age
35
Children under 15
6%
Homes
0% detached, 97% high-rise
Commute by transit
23%
Population
59,912

Languages spoken most at home besides English: Mandarin 3.7%, Spanish 1.5%, Yue (Cantonese) 1%, Hindi 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Wellington Place (2025): 31% above the Toronto average, down 8% from the year before.

  • Assault52% above average
  • Break and enter55% above average
  • Auto theft57% below average
  • Robberyabout average
  • Theft from vehiclesabout average
  • Shootings30% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 34 active

  • 17 ST PATRICK ST · 150 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Proposed development for the Canada Life Campus include: Retention of the existing office buildings with minor alterations at 330 University Avenue, 180 Simcoe…
    Application details
  • 160 JOHN ST · 150 m
    Site Plan · Application Received · applied 2026
    Proposed change of use from office to a hotel occupancy with ground floor modifications.
    Application details
  • 50 STEPHANIE ST · 250 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2025
    Combined Official Plan & Zoning By-law Amendment for an 11-storey purpose-built rental residential building atop a 3-storey podium. The proposed development…
    Application details
  • 276 KING ST W · 300 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2025
    OPA and rezoning for amendments to modify the performance standards applicable to the mixed-use building to be located at 274-284 King Street West on the West…
    Application details
  • 55 JOHN ST · 450 m
    Site Plan · NOAC Issued · applied 2025
    Site Plan Approval for the relocation of Toronto Fire and Emergency Service Station 332 to the south side of Metro Hall.
    Application details
  • 111 PETER ST · 300 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2024
    Zoning By-law Amendment for a new 52-story residential tower atop of the existing 9-story office building with ground-floor retail. This design includes 852…
    Application details

40 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 1 km. Transit times · Driving times

Coming transit

  • 🚧 Osgoode 250 m
  • 🚧 Chinatown 550 m
  • 🚧 Queen 900 m

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Heritage Protected

This address is on Toronto’s Heritage Register: Heritage Conservation District (Part V) (2007). Changes to the outside (and sometimes inside) usually need a heritage permit, and demolition is restricted.

Heritage Register entry

Building permits

  • Interior Alterations · 2018 · Closed
    REV 02: revision to delete the fire separation at proposed car garage and use the space as retail space.
  • Demolition · 2017 · Closed
    Demolition approval for removal of last dwelling unit as required TMC 363-12 C. A demolition permit (DM) for demolition approval is…

6 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

60 City street trees within 100 m, mostly honeys. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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