1087-1089 Queen St W is a retail in Toronto, listed for $16,900,000.
1The Property is currently configured for use as a restaurant on the main floor, event venue space in the lower level and main floor, event venue space on the 2nd and 3rd floor, and offices on the third and fourth floor.
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Commercial Property in Toronto
About 1087-1089 Queen Street West
1087-1089 Queen Street West "The Great Hall" represents an unparalleled opportunity to acquire a fully leased iconic landmark investment property at the corner of Queen Street and Dovercourt Road in the heart of West Queen West. It was originally constructed for the first ever YMCA in Toronto and designed by the prominent architectural firm Gordon & Helliwell, well known for their many distinctive churches and institutional structures across Southern Ontario. The Property is currently configured for use as a restaurant on the main floor, event venue space in the lower level and main floor, event venue space on the 2nd and 3rd floor, and offices on the third and fourth floor. The total gross floor area (GFA) of the building is 32,598 square feet and the total net leaseable area is 29,115 square feet. The Property is capable of offering exceptional urban retail environments for numerous uses and also has the potential for further value creation through assemblage over time, or moderate urban redevelopment of the existing site. The Vendor currently leases Units 400, 402 and 408 at above-market rents, with the existing lease expiring on December 31, 2027.Upon closing, the Vendor will enter into a new three-year lease, covering both the currently occupied units and the remaining vacant office units, being Units 405, 407, 409 and 410.
Toronto retail priced at $16,900,000 — book a tour to see if it fits your search.
Inside 1087-1089 Queen St W
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
6534
Listing & possession
Property class
Commercial Retail
1087-1089 Queen St W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13453032$16,900,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1087-1089 Queen St W Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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From 1087-1089 Queen St W. Typical times without traffic delays; transit times aren't available yet.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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 Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,686Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1087-1089 Queen St W is listed at $16,900,000 (MLS® C13453032). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1087-1089 Queen St W changed?
No — 1087-1089 Queen St W is still listed at its original asking price of $16,900,000.
How many bedrooms and bathrooms does 1087-1089 Queen St W have?
The listing for 1087-1089 Queen St W doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 1087-1089 Queen St W close to transit?
The nearest rapid-transit station is Exhibition GO Station (Lakeshore West GO), about 1.2 km (about a 15-minute walk) in a straight line. Christie Station is about 2.1 km, and Osgoode Station is about 2.2 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 1087-1089 Queen St W compare with other homes in Toronto?
Its asking price of $16,900,000 is about 1907% above the median sold price in Toronto over the last 90 days, $842,000, across 9,226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1087-1089 Queen St W been sold before?
Summitly has no earlier MLS® sale or lease of 1087-1089 Queen St W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1087-1089 Queen St W?
1087-1089 Queen St W is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1087-1089 Queen St W been on the market?
129 days — 1087-1089 Queen St W was listed on June 16, 2026.
What is the land transfer tax on 1087-1089 Queen St W?
About $1,414,900 at the asking price of $16,900,000: $408,975 Ontario land transfer tax plus $1,005,925 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 1087-1089 Queen St W or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 1087-1089 Queen St W?
The listing for 1087-1089 Queen St W doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 1087-1089 Queen St W built?
The listing for 1087-1089 Queen St W doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.