Toronto, ON · M5V 2B3 · MLS® C11885935Updated
$3,150,000
512 Queen St W is a 4-bathroom retail in Toronto, listed for $3,150,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
*** Visit the REALTOR website for further information about this Listing *** This 3 storey Victorian property is located on the preferred north side and at the heart of trendy Queen St West. It sits between Spadina Ave and Bathurst St at the top of Portland St., and is across the street from Loblaws and Joe Fresh. The building has 15.75ft of prime frontage with high ceilings. A successful restaurant/bar business has operated here for at least 6 decades and the building features 2 floors with 3 licensed rooms and 2 licensed patios. Public washrooms are in the basement. The 3rd floor has 3 offices and a washroom. The total usable size of the property is 5,819 sq./ft. including the patios and basement. This property will be highly attractive to investors due to its stable and reliable potential income, attractive location, and huge foot traffic in the area. The area is well served by TTC streetcar lines on both Queen and Bathurst streets and the upcoming Ontario Subway Line with a stop at Queen and Spadina. The property was renovated in the early 1980's and the front facade was restored in 2008 in accordance with requirements of the Toronto Historical Board. The building has a liquor licence for 133 people.
Toronto retail priced at $3,150,000 — book a tour to see if it fits your search.
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Closed sales on the TRREB MLS®.
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Listing brokerage: EASY LIST REALTY LTD., BrokerageMLS® C11885935 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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.
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Based on 9,303 sales from Jul 24 – Oct 22, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
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512 Queen St W is listed at $3,150,000 (MLS® C11885935). Summitly updates the price as soon as the MLS® record changes.
Yes — it was first listed at $3,800,000 and is now $3,150,000, a drop of $650,000 (17.1%).
512 Queen St W has 4 bathrooms. It is a commercial property in Toronto.
The nearest rapid-transit station is Osgoode Station (Line 1), about 1.3 km (about a 16-minute walk) in a straight line. St. Patrick Station is about 1.3 km (about a 16-minute walk), and St. Andrew Station is about 1.3 km (about a 17-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $3,150,000 is about 273% above the median sold price in Toronto over the last 90 days, $845,000, across 9,303 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.
Summitly has no earlier MLS® sale or lease of 512 Queen St W on record from the last two years. Older records aren't shown under TRREB rules.
512 Queen St W is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
683 days — 512 Queen St W was listed on December 8, 2024.
About $133,300 at the asking price of $3,150,000: $65,225 Ontario land transfer tax plus $68,075 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.
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The listing for 512 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.
The listing for 512 Queen St W doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
