250 Queen St E is an investment in Toronto, listed for $5,900,000.
1Exceptional investment and redevelopment opportunity in the heart of downtown Toronto.
2The main level features a spacious vacant 3,487 sq ft commercial space suitable for retail, service, hospitality, wellness, office, or creative commercial uses.
3Above the commercial space is a licensed 20-room apartment complex totaling approx. 4,418 sq ft, offering immediate rental income and flexible future options.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Toronto
About 250 Queen Street East
Exceptional investment and redevelopment opportunity in the heart of downtown Toronto. Located at 250 Queen Street East, this high-visibility mixed-use property offers premium land positioning directly across from active high-rise development and within easy distance to the Eaton Centre, Queen Station, Financial District, TMU, George Brown, hospitals, and major employment hubs. The main level features a spacious vacant 3,487 sq ft commercial space suitable for retail, service, hospitality, wellness, office, or creative commercial uses. Strong foot and vehicle traffic provide excellent visibility and branding potential. Above the commercial space is a licensed 20-room apartment complex totaling approx. 4,418 sq ft, offering immediate rental income and flexible future options. Ideal for investors seeking both cash flow and long-term upside. Total above-ground area: 7,905 sq ft. Located in the rapidly transforming Moss Park corridor, surrounded by new and proposed condominium towers, modern retail, transit routes, and ongoing revitalization. This is one of Toronto's most active areas for urban intensification and mixed-use development. Perfect for developers, land bankers, end-users, or value-add investors looking for a downtown asset with future potential. Prime Queen Street East exposure, unmatched walkability, and strong long-term appreciation fundamentals make this a rare opportunity in Toronto's core.
Toronto investment priced at $5,900,000 — book a tour to see if it fits your search.
Inside 250 Queen St E
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
3465.98
Listing & possession
Property class
Investment
250 Queen St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C12554222$5,900,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 250 Queen St E 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.
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 ratio5114.8%On average, homes sold at or above asking.
Active listings12,779Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 4 – Aug 2, 2026.
Based on 9,270 sales from Aug 2 – Oct 31, 2026 (6,989 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
250 Queen St E is listed at $5,900,000 (MLS® C12554222). Summitly updates the price as soon as the MLS® record changes.
Has the price of 250 Queen St E changed?
No — 250 Queen St E is still listed at its original asking price of $5,900,000.
How many bedrooms and bathrooms does 250 Queen St E have?
The listing for 250 Queen St E doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 250 Queen St E close to transit?
The nearest rapid-transit station is Queen Station (Line 1), about 920 m (about a 12-minute walk) in a straight line. King Station is about 1.0 km (about a 13-minute walk), and TMU Station is about 1.0 km (about a 13-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 250 Queen St E compare with other homes in Toronto?
Its asking price of $5,900,000 is about 602% above the median sold price in Toronto over the last 90 days, $840,000, across 9,270 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 250 Queen St E been sold before?
Summitly has no earlier MLS® sale or lease of 250 Queen St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 250 Queen St E?
250 Queen St E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 250 Queen St E been on the market?
348 days — 250 Queen St E was listed on November 17, 2025.
What is the land transfer tax on 250 Queen St E?
About $352,450 at the asking price of $5,900,000: $133,975 Ontario land transfer tax plus $218,475 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 250 Queen St E 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 250 Queen St E?
The listing for 250 Queen St E 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 250 Queen St E built?
The listing for 250 Queen St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
