348 Queen Street, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Kensington-Chinatown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,898,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 13 x 110 ft lot size
- Convenient lane garage included
- equipped with yes central cooling and highly efficient electric forced air heating
Description
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. NOI $120,000 annually.
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Property Summary
This commercial retail located at 348 Queen Street, Toronto is currently for sale and has been available on SousaSells for 1 day. This property is listed at $2,898,000 with an estimated mortgage of $9,646* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 348 Queen Street, Toronto is in the Kensington-Chinatown neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Kensington-Chinatown, Toronto.
- •Desirable Commercial Retail architecture in Kensington-Chinatown, Toronto
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- Yes
Community Features
- Public Transit
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this commercial retail at 348 Queen Street, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Toronto Buyer Budget & Costs
Estimated mortgage: $9,646*/month*. Estimated Ontario Land Transfer Tax: $117,850. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about 348 Queen Street, Toronto, ON
Q.What is the asking price for 348 Queen Street, Toronto, ON ?
The current listing price for 348 Queen Street, Toronto, ON in Kensington-Chinatown, Toronto is $2,898,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 348 Queen Street, Toronto, ON ?
348 Queen Street, Toronto, ON is a Commercial Retail () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Public Transit.
Q.What security features are installed at 348 Queen Street, Toronto, ON ?
Security features include: Yes.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Kensington-Chinatown, Toronto
476 assaults (2122.7/100k)
152 B&E (677.9/100k)
28 thefts (124.9/100k)
Elevated vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 348 Queen Street W, Toronto, ON M5V 2A2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,898,000 in Toronto, the legal minimum down payment is $579,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $58,925 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $58,925 also applies, bringing the total estimated land transfer taxes to $117,850.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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