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1087-1089 Queen St W 32,598 SF Sports & Entertainment Building Offered at $16,900,000 CAD in Toronto, ON M6J 1H3


Investment Highlights
- Significant historic building with comprehensive restoration that preserves original architectural details.
- Fully leased mixed-use asset offering event venues, office space, and hospitality tenancy.
- Prominent corner location with 50 feet of frontage along Queen Street West, a major Toronto thoroughfare.
- Located within a vibrant cultural and commercial hub near downtown Toronto, transit, and major arterial routes.
Executive Summary
Positioned at a high-visibility intersection in Toronto’s vibrant West Queen West corridor, 1087–1089 Queen Street West—known as The Great Hall—presents a rare opportunity to acquire a fully restored heritage property anchored in one of the city’s premier cultural and entertainment districts. Originally designed by architect Gordon & Helliwell and constructed for Toronto’s first YMCA, the building has been meticulously revitalized to blend 19th-century architectural grandeur with modern building systems.
The four-story property spans more than 32,000 square feet, featuring a diverse configuration with event venues, restaurant space, and office accommodations. The interiors showcase impressive craftsmanship, including original coffered ceilings, broad wooden staircases, crystal chandeliers, restored radiators, and updated washrooms. These details collectively complement a modernized infrastructure supporting contemporary occupier requirements.
From a strategic standpoint, the site offers a 50-foot frontage along Queen Street West, one of Toronto’s most dynamic urban corridors with consistent foot traffic, strong transit access, and proximity to established residential and retail communities. Future growth is reinforced by surrounding redevelopment activity and the forthcoming Ontario Line, ensuring sustained connectivity and investment upside. With flexible lease structures and projected NOI, this asset delivers a compelling proposition for investors seeking heritage character, income stability, and long-term appreciation.
The four-story property spans more than 32,000 square feet, featuring a diverse configuration with event venues, restaurant space, and office accommodations. The interiors showcase impressive craftsmanship, including original coffered ceilings, broad wooden staircases, crystal chandeliers, restored radiators, and updated washrooms. These details collectively complement a modernized infrastructure supporting contemporary occupier requirements.
From a strategic standpoint, the site offers a 50-foot frontage along Queen Street West, one of Toronto’s most dynamic urban corridors with consistent foot traffic, strong transit access, and proximity to established residential and retail communities. Future growth is reinforced by surrounding redevelopment activity and the forthcoming Ontario Line, ensuring sustained connectivity and investment upside. With flexible lease structures and projected NOI, this asset delivers a compelling proposition for investors seeking heritage character, income stability, and long-term appreciation.
Property Facts
| Price | $16,900,000 CAD | Building Class | C |
| Price Per SF | $518.44 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 32,598 SF |
| Property Type | Sports & Entertainment | No. Stories | 4 |
| Property Subtype | Theater/Concert Hall | Year Built | 1889 |
| Zoning | MCR T3.0 MCR T3.0 | ||
| Price | $16,900,000 CAD |
| Price Per SF | $518.44 CAD |
| Sale Type | Investment |
| Property Type | Sports & Entertainment |
| Property Subtype | Theater/Concert Hall |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 32,598 SF |
| No. Stories | 4 |
| Year Built | 1889 |
| Zoning | MCR T3.0 MCR T3.0 |
Amenities
- Bus Line
- Commuter Rail
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Very bikeable
80/100
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1087-1089 Queen St W
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