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Investment signal

$5,888,000

1036 & 1038 QUEEN STREET W

Save this home

Beds

Baths

Sqft

5,421

Year

Type

Multi-family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Trinity-Bellwoods). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to an extraordinary, once-in-a-generation investment opportunity in the beating heart of Queen Street West; widely recognized as one of Toronto's most dynamic, trendsetting, and culturally rich corridors.Positioned at 1036 & 1038 Queen St W, this exceptional mixed-use asset delivers the ultimate fusion of lifestyle, location, and long-term value. Anchored by a prime, high-exposure commercial space at street level, the property captures relentless pedestrian traffic and premium visibility in a neighborhood defined by its electric energy and constant evolution.Above, discover two striking New York-style loft residences-rare, character-filled spaces that embody authentic urban living. With soaring ceilings, expansive layouts, and an unmistakable industrial-chic aesthetic, these lofts are designed to attract discerning tenants seeking both style and substance.surrounded by an eclectic mix of acclaimed restaurants, independent boutiques, art galleries, and cultural landmarks, Queen Street West continues to outperform as a destination for both commerce and lifestyle. This is more than just a property-it's a strategic foothold in one of the city's most resilient and in-demand submarkets. Whether you're an investor seeking strong rental income and appreciation, or a visionary looking to secure a landmark asset in a high-growth corridor, this offering delivers unmatched potential with built-in upside.Extras The property has been extensively renovated & upgraded, with the basement underpinned for added height. It features one exterior parking spot & a garage for one car. The residential annual tax per 2025 is$10,016.54. (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
Trinity-Bellwoods
Living area
5,421 square feet
Lot dimensions
Bldg=29.66 x 100.23 FT
Parking
1 total
On market
Apr 23, 2026
Status changed
Apr 23, 2026
Annual tax
$36,316.87
Zoning
Commercial + Residential
Photos
40
MLS#
C13034648
Area
TORONTO_(TRINITY-BELLWOODS)

Features and systems

Heating

Forced airNatural gas

Cooling

Fully air conditioned
Negative cash flow ~$6,028/mo at these assumptions

Cash on cash

-6.14%

Cap rate

3.64%

GRM

16.7

Break-even rent

$35,795

Financing

Down payment$1,177,600
Loan amount$4,710,400
Mortgage$23,867/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$2,699
Insurance$80
Maintenance$4,907
CapEx reserve$2,453
Vacancy loss$1,473

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $23,867/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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