$4,399,000
For sale: Other

1024 Queen Street West, at Ossington. A secure and current 6% cap rate with upside potential. Architectural gem designed by Kathleen Kurtin in the heart of Queen West. Approximately 5,000 SF above grade, plus basement (and roof decks), four-storey mixed-use building. The commercial space is a newly renovated trendy and busy restaurant with great street front and alley way presence. The building features four beautifully designed residential apartments consisting of 1 -2 bedroom, 2-1 bedroom and 1 bachelor apartment. ( 2, 2 storey apartments). Character-rich interiors showcase exposed brick, high ceilings, large windows, hardwood floors, modern appliances, quality finishes, and steel and industrial accents. Every apartment features its own large private deck with exceptional views, creating highly desirable indoor/outdoor living. Individual mechanical systems for each unit. The trendy location is on one of the best stretches of Queen West at Ossington. Surrounded by Toronto's best restaurants, cafes, shops and nightlife on one of the best city blocks in the city with excellent TTC access. A truly distinctive asset with exceptional tenant security and visual appeal in one of Toronto's most sought-after neighbourhoods makes this a fantastic asset to own in your portfolio.
Sold data
Other homes in Toronto (Trinity-Bellwoods) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Trinity-Bellwoods) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$3,950,000
Other96 HARBORD STREET, University, Toronto

$4,750,000
Other73 KENNEDY ROAD S, Brampton West, Brampton

$5,999,900
Other5519 YONGE STREET, Willowdale East, Toronto

$4,999,000
Other462-464-466-468 ADELAIDE STREET E, Moss Park, Toronto

$4,500,000
Other502 QUEEN STREET W, Kensington-Chinatown, Toronto

$6,000,000
Other178 LOUISA STREET, Kitchener

$4,450,000
Other186-188 STRACHAN AVENUE, Niagara, Toronto

$4,200,000
Other13 - 14 - 35 STOFFEL DRIVE, West Humber-Clairville, Toronto