1087-1089 Queen Street W, Toronto, ON M6J 1H3, Toronto C01, ON
32598.0 sqft
1087-1089 Queen Street West "The Great Hall" represents an unparalleled opportunity to acquire a fully leased iconic landmark investment property at the corner of Queen Street and Dovercourt Road in the heart of West Queen West. It was originally constructed for the first ever YMCA in Toronto and designed by the prominent architectural firm Gordon & Helliwell, well known for their many distinctive churches and institutional structures across Southern Ontario. The Property is currently configured for use as a restaurant on the main floor, event venue space in the lower level and main floor, event venue space on the 2nd and 3rd floor, and offices on the third and fourth floor. The total gross floor area (GFA) of the building is 32,598 square feet and the total net leaseable area is 29,115 square feet. The Property is capable of offering exceptional urban retail environments for numerous uses and also has the potential for further value creation through assemblage over time, or moderate urban redevelopment of the existing site. The Vendor currently leases Units 400, 402 and 408 at above-market rents, with the existing lease expiring on December 31, 2027. Upon closing, the Vendor will enter into a new three-year lease, covering both the currently occupied units and the remaining vacant office units, being Units 405, 407, 409 and 410.
Property Highlights
For Sale
MLS NO.
C13453038
Type
Commercial
Sub Type
Investment
Square Footage
32598.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
C13453038
Security Features
No, Yes
Lot Width
50.0
Lot Size
6534.0
Lot Size Units
SquareFeet
Garage Type
None
Cooling
Yes
Heat Type
Gas Hot Water
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
1087-1089 Queen Street W, Toronto, ON M6J 1H3
City
Toronto C01
Neighbourhood
Waterfront Communities C1
County / Region
Toronto
Province / State
ON
Postal Code
M6J 1H3
Cross Street
Queen Street West & Dovercourt Road
Directions
Queen Street West & Dovercourt Road
Country
CA
List Price
$16,900,000
Annual Taxes
$25,129
Tax Year
2026
Legal Description
PT BLK G PL 878 TORONTO AS IN CA318940; TORONTO, CITY OF TORONTO
Possession Type
Immediate
Possession Details
Upon Closing
Listing Office
CUSHMAN & WAKEFIELD
Board
Toronto Regional Real Estate Board
Original Entry
2026-06-16T20:13:47Z
Media Updated
2026-06-17T17:22:32Z
Photos Updated
2026-06-17T17:22:32Z
Last Modified
2026-06-22T20:24:35Z
System Modified
2026-06-22T20:24:35.975915Z
MLS Status
New
Basement Yn
Yes
Co List Office Name
CUSHMAN & WAKEFIELD
Ddfyn
No
Expiration Date
2026-11-30
Heat Type Multi
Gas Hot Water
Hstapplication
In Addition To
Occupant Type
Owner+Tenant
Originating System Id
A00001796
Parcel Number
212980229
Parking Spaces
0
Public Remarks
1087-1089 Queen Street West "The Great Hall" represents an unparalleled opportunity to acquire a fully leased iconic landmark investment property at the corner of Queen Street and Dovercourt Road in the heart of West Queen West. It was originally constructed for the first ever YMCA in Toronto and designed by the prominent architectural firm Gordon & Helliwell, well known for their many distinctive churches and institutional structures across Southern Ontario. The Property is currently configured for use as a restaurant on the main floor, event venue space in the lower level and main floor, event venue space on the 2nd and 3rd floor, and offices on the third and fourth floor. The total gross floor area (GFA) of the building is 32,598 square feet and the total net leaseable area is 29,115 square feet. The Property is capable of offering exceptional urban retail environments for numerous uses and also has the potential for further value creation through assemblage over time, or moderate urban redevelopment of the existing site. The Vendor currently leases Units 400, 402 and 408 at above-market rents, with the existing lease expiring on December 31, 2027. Upon closing, the Vendor will enter into a new three-year lease, covering both the currently occupied units and the remaining vacant office units, being Units 405, 407, 409 and 410.
