242 Queen Street West
History
MLS®# C12972592
| 2026.04.07 | New | $3,299,000 |
Other Records
| 2025.01.30 - 2025.09.26 MLS®# C9385881 | Extended | $3,399,000 |
| 2023.02.13 - 2023.02.13 MLS®# C5323569 | Terminated | |
| 2021.07.13 - 2021.07.13 MLS®# C5084282 | Terminated |
Details
- MLS®#
- copy
- Type
- Manufactured Home/Mobile
- Lot Size
- 17.06 × 120 Feet
- Parking
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0 Total Parking Spaces
0 Lane Garage
0 Parking Spaces
- Last Update
- 2026-04-09
- Possession Date
- Immediate
- Listing Date
- 2026-04-07
- Air Conditioning
- Partial
- Broker
- CUSHMAN & WAKEFIELD
About
Landmark end-user/investment opportunity in a prime high-traffic Queen St W location between John and McCaul Streets. Ground floor retail currently leased to Dragon Vape, one of Canada's largest e-cigarette suppliers, secured with corporate covenant via wholesale operations. Vacant possession of retail available on closing for end users. Direct sightlines to Bell Media HQ provide rare on-air visibility and strong pedestrian traffic. Previously leased to John Fluevog and Wine Rack at premium rents. Upper levels include two large semi-attached 3-bedroom apartments with stable month-to-month tenants and rooftop decks/patios. 3rd floor currently accessed through 2nd floor unit with potential to combine into a large 2-floor, 6-bedroom apartment or reconfigure to increase rents. Bonus high, dry basement (not included in total square footage), large rear parking, and double-door shipping access with potential for future expansion due to unused lot area. Excellent transit access including multiple streetcar routes and the future Ontario Subway Line, providing walkable access to Queen / Spadina and Osgoode Stations with connections across the city and GO Transit (estimated completion 2030).
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The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
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The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.
Investment Analysis
Schools
Elementary (JK-G8)
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Fraser Rank(2018) 993 / 3052 English
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St. Michael's Choir School 1.2 kmFraser Rank(2018) 51 / 3052 Catholic English
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St. Mary Catholic School 1.2 kmFraser Rank(2018) 2026 / 3052 Catholic English French
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Fraser Rank(2018) 161 / 3052 Catholic English
Secondary (G9-G12)
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Harbord Collegiate Institute 2.2 kmFraser Rank(2023) 142 / 747 Secondary English
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Northern Secondary School 305.7 kmFraser Rank(2023) 478 / 747 Secondary English Gifted
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YMCA Academy, The 1.5 kmSecondary
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Polaris Learning Centre 6.3 kmSecondary
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Aristotele's Credit School 6.9 kmSecondary
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St. Michael’s Choir 1.2 kmFraser Rank(2023) 1 / 747 Secondary Catholic English
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St. Joseph's College School 1.6 kmFraser Rank(2023) 178 / 747 Secondary Catholic English
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St. Mary Catholic Academy 3.5 kmFraser Rank(2023) 559 / 747 Secondary Catholic English
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Ontario College of Art & Design - 351 m100 McCaul St, Toronto, ON M5T 1W1(416)977-6000
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The Michener Institute - 628 m222 St. Patrick Street, Toronto, Ontario Canada M5T 1V4(416)596-3101
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La Cité collégiale - La Cité à Toronto 1 km555, rue Richmond Ouest, bureau 301, Toronto, Ontario, M5V 3B1
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Blue Butterfly Montessori School Inc. 140 m300 Richmond Street West Suite 100 Toronto, ON M5V1X2(416)472-0202
Neighbourhood
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Osgoode line: Line 1:Yonge-University 339 m
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St. Andrew line: Line 1:Yonge-University 526 m
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St. Patrick line: Line 1:Yonge-University 535 m
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Queen line: Line 1:Yonge-University 948 m
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Union line: Line 1:Yonge-University 958 m
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Union Station Go Train Line：Milton Go Train Line：Lakeshore East Go Train Line：Lakeshore West Go Train Line：Stouffville Go Train Line：Richmond Hill Go Train Line：Kitchener Go Train Line：Barrie 1.1 km
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Galleria Supermarket 1.7 km558 Yonge St, Toronto, ON M4Y 1Y9
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Galleria Supermarket 2 km351 Bloor St W, Toronto, ON M5S 1W7
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T&T Supermarket 3.2 km222 Cherry Street, Toronto, ON. M5A 3L2
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