500 Queen Street E, Toronto C08, ON M5A 1T7, Toronto C08, ON
9182.0 sqft
Corner mixed-use investment opportunity located at 500 Queen Street East - known as the Dominion Hotel - an architecturally significant late-Victorian landmark constructed in 1889.The property is situated along Queen Street East within Toronto's downtown east, approximately ~750m from the future Ontario Line Corktown station, a 3-minute drive to the Don Valley Parkway, and roughly 2.5 KM from the East Harbour master-planned development, one of the largest future transit-oriented employment and mixed-use hubs in Canada. The building comprises a mixed-use configuration with a fully leased ground floor secured by along-term net lease to a restaurant tenant, providing stable in-place income. The upper floors are currently configured as a 24-unit rooming house. The property offers repositioning potential subject to municipal approvals. The Dominion Hotel is a historically recognized structure having undergone restoration to preserve its heritage architecture, which was designed by architect David Roberts Jr., also responsible for the iconic Gooderham (Flatiron) Building. The property sits within an area experiencing ongoing intensification, transit expansion, and redevelopment activity.
Property Highlights
For Sale
MLS NO.
C13030350
Type
Commercial
Sub Type
Investment
Square Footage
9182.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
C13030350
Security Features
Yes
Lot Width
49.0
Lot Size
4951.0
Lot Size Units
SquareFeet
Garage Type
None
Cooling
Yes
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
500 Queen Street E, Toronto C08, ON M5A 1T7
City
Toronto C08
Neighbourhood
Regent Park
County / Region
Toronto
Province / State
ON
Postal Code
M5A 1T7
Cross Street
Queen St E / Sumach St
Directions
North of Queen St E & West side of Sumach St
Country
CA
List Price
$4,995,000
Annual Taxes
$38,401
Tax Year
2025
Legal Description
BLK B PL 77E TORONTO; CITY OF TORONTO
Possession Type
Other
Possession Details
TBD
Listing Office
CUSHMAN & WAKEFIELD
Board
Toronto Regional Real Estate Board
Original Entry
2026-04-22T15:21:26Z
Media Updated
2026-04-22T15:21:27Z
Photos Updated
2026-04-22T15:21:27Z
Last Modified
2026-04-22T19:48:02Z
System Modified
2026-04-22T19:48:02.434423Z
MLS Status
New
Basement Yn
Yes
Co List Office Name
CUSHMAN & WAKEFIELD
Ddfyn
No
Expiration Date
2026-10-22
Heat Type Multi
Gas Forced Air Closed
Hstapplication
In Addition To
Occupant Type
Partial
Originating System Id
A00001796
Parcel Number
210800188
Public Remarks
Corner mixed-use investment opportunity located at 500 Queen Street East - known as the Dominion Hotel - an architecturally significant late-Victorian landmark constructed in 1889.The property is situated along Queen Street East within Toronto's downtown east, approximately ~750m from the future Ontario Line Corktown station, a 3-minute drive to the Don Valley Parkway, and roughly 2.5 KM from the East Harbour master-planned development, one of the largest future transit-oriented employment and mixed-use hubs in Canada. The building comprises a mixed-use configuration with a fully leased ground floor secured by along-term net lease to a restaurant tenant, providing stable in-place income. The upper floors are currently configured as a 24-unit rooming house. The property offers repositioning potential subject to municipal approvals. The Dominion Hotel is a historically recognized structure having undergone restoration to preserve its heritage architecture, which was designed by architect David Roberts Jr., also responsible for the iconic Gooderham (Flatiron) Building. The property sits within an area experiencing ongoing intensification, transit expansion, and redevelopment activity.
