890 QUEEN STREET W, Toronto (Trinity-Bellwoods), Ontario, M6J1G3

Property Description

In a shifting economic landscape, the smartest move isn't just buying real estate - it's buying permanence. 890 Queen Street West represents a quintessential long-term value play, offering the kind of locational stability that thrives even when the broader market feels uneasy. Situated on the premier stretch of Queen West and backing directly onto Trinity Bellwoods Park, this asset is designed for generational wealth. Stabilized Income & Rare Versatility. This isn't just a building; it's a sophisticated, interconnected complex of two structures housing four stabilized tenancies. While the market fluctuates, these dual buildings offer a hedge against volatility through diversified, long-term income. The Heritage Front (Queen St): A classic Toronto brownstone. It is currently home to Pomme T.O (a L'Oréal/Kérastase flagship boutique) and Nice Place, an established multi-floor salon. The Modern Rear (Trinity Park Lane) : A 2019 steel-constructed building. It houses Mirror Mirror on the ground floor, topped by a two-story Scandinavian-inspired luxury residence. This unit features a private rooftop terrace with unobstructed views of the CN Tower and the park. In real estate, "location" is a tired cliché until you find a property that sits at the exact pulse of a city's culture. Nestled among global icons like Aesop, Le Labo, Mother and Fable, 890 Queen West benefits from a high-traffic, "recession-resilient" retail ecosystem. Backing onto Trinity Bellwoods provides a level of scarcity that cannot be replicated. With the buildings interconnected on the first and second floors, the asset offers immense future flexibility for a single flagship tenant or continued multi-use stabilization. This is an opportunity to move capital into a 100% stabilized, marquee asset. It is a defensive play in an uneasy market and a growth play for the long term. (id:64974)

Quick Facts

• Property Type: Residential Commercial Mix
• Bedrooms: None
• Bathrooms: None
• Living Area: 4,200 sq ft (390.2 m²)
• Frontage: 15 ft (4.6 m)

Costs

• Annual Taxes: $23,308.60

Listing Provided by: BOSLEY REAL ESTATE LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.