An exceptional opportunity to acquire a prime redevelopment site in the heart of Toronto's Queen Street East corridor. A development scheme has been prepared for the site contemplating an 18-storey mixed-use residential tower through lot combination, with an FSI of 12. The proposed scheme includes approximately 130,920 sq ft of GFA, 175 units, and 2,250 sq ft of ground-floor retail, with 17 parking spaces. Previously operating as an event venue, the property offers potential holding income if re-leased while a purchaser advances through the approval process. Situated at the corner of Queen Street E and Berkeley Street, the site benefits from excellent transit access, strong neighbourhood amenities, and continued intensification pressure in the surrounding area. This property is being offered for sale by way of receivership.
| MLS # | C13034174 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 135 |
| Listing Provided By | COLLIERS | C13034174 336800 |
| SQ Feet | 11,001 |
|---|---|
| Acreage | 0.25 |
| Utilities | Available |
|---|---|
| Sewer | Sanitary+Storm |
| Tax Annual Amount | 164594.25 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | 301 QUEEN ST E: PT LT 42 PL 7A TORONTO AS CA424766, S/T INTEREST IN CA424766 TOGETHER WITH AN EASEMENT OVER LOTS 40-41 PLAN 7A TORONTO, EXCEPT CT47865, CA424766, CT118457, CT463889, CA400212 AS IN AT5769910 CITY OF TORONTO* |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Toronto |
| City | Toronto C08 |
| Postal Code | M5A 1S7 |
| Area | Moss Park |
| Listing VS Median (in M5A 1S7) | |
Price: $7,950,000 low | high Med: $7,950,000 sqft: 11,001 low | high Med: 11,001 $ / sqft: $723 low | high Med: $723 On site: 135 low | high Med: 135 | |
| Province | ON |
|---|---|
| Region | Toronto |
| City | Toronto C08 |
| Postal Code | M5A 1S7 |
| Area | Moss Park |
| Listing VS Median (in M5A 1S7) | |
Price: $7,950,000 low | high Med: $7,950,000 sqft: 11,001 low | high Med: 11,001 $ / sqft: $723 low | high Med: $723 On site: 135 low | high Med: 135 | |