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2 Bath Commercial Property in Toronto
About 474 Queen Street West
Prime Queen West Commercial Opportunity Not surprisingly, this exceptional commercial opportunity is located in the heart of Toronto's vibrant Queen West neighbourhood, one of the city's most sought-after destinations for shopping, dining, entertainment, and culture. Enjoy excellent pedestrian and vehicular traffic,convenient public transit, and strong exposure in an established and rapidly developing area surrounded by numerous condominium developments.The exceptionally clean and spacious main-floor commercial space features approximately 13-foot ceilings, with an additional basement offering approximately 7.5-foot ceilings. The property includes two washrooms and provides a versatile layout suitable for a variety of permitted commercial uses. No cannabis or restaurant uses.Flexible leasing options available: the main-floor commercial space and basement can be leased separately or together, providing an excellent opportunity to accommodate different business requirements and space needs.The property is currently tenanted; however, the possession/availability date is flexible and can be arranged with approximately 60 days' notice.An excellent opportunity for an owner-user or established business looking to establish a presence in one of Toronto's most dynamic and high-traffic neighbourhoods. Easy access to public transit and surrounded by established businesses, new developments, and a thriving Queen West community. The basement rental rate is negotiable and will depend on weather the basement is leased separately or together with the main floor.
Toronto retail priced at $42 — book a tour to see if it fits your search.
Inside 474 Queen St W
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
474 Queen St W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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 market31Homes sold in about 31 days on average.
Sale-to-list ratio4900.6%On average, homes sold at or above asking.
Active listings12,825Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 9,684 sales from Jul 15 – Oct 13, 2026 (6,629 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
474 Queen St W is listed at $42 (MLS® C13691360). Summitly updates the price as soon as the MLS® record changes.
Has the price of 474 Queen St W changed?
Yes — it was first listed at $54 and is now $42, a drop of $12 (22.2%).
How many bedrooms and bathrooms does 474 Queen St W have?
474 Queen St W has 2 bathrooms. It is a commercial property in Toronto.
Is 474 Queen St W close to transit?
The nearest rapid-transit station is Osgoode Station (Line 1), about 1.1 km (about a 14-minute walk) in a straight line. St. Patrick Station is about 1.2 km (about a 15-minute walk), and St. Andrew Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 474 Queen St W compare with other homes in Toronto?
Its asking price of $42 is about 100% below the median sold price in Toronto over the last 90 days, $848,250, across 9,684 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 474 Queen St W been sold before?
Summitly has no earlier MLS® sale or lease of 474 Queen St W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 474 Queen St W?
474 Queen St W is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 474 Queen St W been on the market?
55 days — 474 Queen St W was listed on August 19, 2026.
What is the land transfer tax on 474 Queen St W?
About $0 at the asking price of $42: $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 474 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 474 Queen St W?
The listing for 474 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 474 Queen St W built?
The listing for 474 Queen St W doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.