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348 Queen St W 3,000 SF 100% Leased Retail Building Toronto, ON M5V 2A2 $2,998,000 CAD ($999.33 CAD/SF) 4% Cap Rate
Investment Highlights
- Exposed brick and pine floors with high ceilings.
- Located in a corridor that continues to demonstrate long-term rent growth and investment resilience.
- Exceptional pedestrian traffic.
Executive Summary
Queen West is consistently ranked among the most vibrant neighbourhoods in North America. The area blends fashion, culture, hospitality, and creative industries, supported by a dense residential population and strong daytime workforce. With exceptional pedestrian traffic and a curated mix of national and boutique retailers, the corridor continues to demonstrate long-term rent growth and investment resilience.
Financial Summary (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
C
Year Built
1888
Price
$2,998,000 CAD
Price Per SF
$999.33 CAD
Cap Rate
4%
NOI
$120,000 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.30
Lot Size
0.03 AC
Zoning
CR - Commercial and residential uses permitted
Parking
1 Spaces (0.33 Spaces per 1,000 SF Leased)
Frontage
13’ on Queen St
Amenities
- Skylights
- Tenant Controlled HVAC
- Air Conditioning
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Nearby Major Retailers
1 of 10
Videos
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Photos
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348 Queen St W
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