1586 The Queensway is a retail in Toronto, listed for $1.
1Ideal For Investors, Owner-Users, Or Redevelopment Potential Subject To Applicable Approvals.
2Potential Uses Include Multi-Family Rental, Retirement Home, Car Dealership, And Medical Office. 20 Ton Crane Available Could Be Available. 30' Ceiling Clear Height In Industrial Space And 10.5' In Retail Space.
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Commercial Property in Toronto
About 1586 The Queensway
Excellent Opportunity To Acquire A Well-Located Commercial Property Along The Queensway Corridor In Etobicoke. The Property Offers Strong Exposure, Convenient Access To Major Highways Including The Gardiner Expressway, QEW, And Hwy 427, And Proximity To A Wide Range Of Amenities. Ideal For Investors, Owner-Users, Or Redevelopment Potential Subject To Applicable Approvals. Situated Within A Rapidly Evolving Area With Strong Surrounding Residential, Commercial Growth And Is Moving Towards The Next Phase In The Gentrification Cycle. Potential Uses Include Multi-Family Rental, Retirement Home, Car Dealership, And Medical Office. 20 Ton Crane Available Could Be Available. 30' Ceiling Clear Height In Industrial Space And 10.5' In Retail Space.
Toronto retail priced at $1 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 1586 The Queensway
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
1586 The Queensway Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13236546$1
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1586 The Queensway 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 1586 The Queensway. 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 PropTx, 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 market31Homes sold in about 31 days on average.
Sale-to-list ratio4915.5%On average, homes sold at or above asking.
Active listings12,647Homes for sale here right now.
Median vs prior 90 days+3.5%Compared with Apr 11 – Jul 10, 2026: prices up.
Based on 9,654 sales from Jul 10 – Oct 8, 2026 (6,498 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1586 The Queensway is listed at $1 (MLS® W13236546). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1586 The Queensway changed?
No — 1586 The Queensway is still listed at its original asking price of $1.
How many bedrooms and bathrooms does 1586 The Queensway have?
The listing for 1586 The Queensway doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 1586 The Queensway close to transit?
The nearest rapid-transit station is Kipling Station (Line 2, Milton GO), about 2.0 km (about a 25-minute walk) in a straight line. Long Branch GO Station is about 2.9 km, and Dixie GO Station is about 3.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 1586 The Queensway compare with other homes in Toronto?
Its asking price of $1 is about 100% below the median sold price in Toronto over the last 90 days, $849,000, across 9,654 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 1586 The Queensway been sold before?
Summitly has no earlier MLS® sale or lease of 1586 The Queensway on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1586 The Queensway?
1586 The Queensway is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1586 The Queensway been on the market?
128 days — 1586 The Queensway was listed on June 2, 2026.
What is the land transfer tax on 1586 The Queensway?
About $0 at the asking price of $1: $0 Ontario land transfer tax plus $0 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 1586 The Queensway 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 1586 The Queensway?
The listing for 1586 The Queensway 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 1586 The Queensway built?
The listing for 1586 The Queensway doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.