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 sf 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.
Address
301-311 Queen Street E
List Price
$7,950,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Land
Transaction Type
Sale
Area
Toronto C08
Sub-Area
Moss Park
Region
Toronto
Lot Size Source
GeoWarehouse
Lot Depth
100
Lot Shape
Irregular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
116
Parcel Number
210910080
Total Building Area
11001
Occupant Type
Vacant
Cross Street
Queen St E/Berkeley St
MLS® Number
C14121850
Listing Brokerage
COLLIERS
Postal Code
M5A 1S7
Posession Details
TBD
Tax Amount
$164,594.25
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Tax Legal Description
301 Queen St E: PT LT 42 PL 7A TORONTO AS IN CA424766, S/T INTEREST IN CA424766 TOGETHER WITH AN EASEMENT OVER LOTS 40-42 PLAN 7A TORONTO, EXCEPT CT47865, CA424766, CT118457, CT463889, CA400212 AS IN AT5769910 CITY OF TORONTO*
Sewer
Sanitary+Storm
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