511 Queen Street E, Toronto
511 Queen Street E in Toronto - 2 bedroom, 2 bathroom. Sold for $575,000. Listed at $679,000.
Exceptional Duplex freehold Townhouse & commercial investment opportunity in the heart of Toronto's vibrant and highly sought-after Corktown community. This rare offering features approximately 1,500 sq. ft. of prime downtown real estate in one of the city's most rapidly evolving neighbourhoods. Currently configured as two self-contained 1-bedroom, 1-bathroom units, the property offers strong income potential with the opportunity to renovate, reposition, or completely transform to maximize value. This property presents an outstanding canvas for investors, end-users, or developers looking to unlock its full potential. Unbeatable location with direct access to Queen St E and TTC at your doorstep, seamless connectivity to the DVP and Gardiner Expressway, and just a short walk to the upcoming Ontario Line subway. Previously commercial and now residentially zoned, the property offers flexibility with potential to convert back to commercial use (buyer to verify). A rare opportunity to secure a value-add property in one of Toronto's most dynamic and established neighbourhoods. Rent one unit and live in the other one! Previously rented as a duplex.
Property Details
- Property Type: Mortgage
- Style: 2-Storey
- Square Footage: 1300 sqft
- Basement: Unfinished
- Heating: Electric
- Cooling: Wall Unit(s)
- Parking: 0 space
- Property Taxes: $6,093/yr
- Neighbourhood: Moss Park
- Postal Code: M5A 1V1
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