544 QUEEN STREET W, Toronto (Kensington-Chinatown)

$590,000

For sale: Other

Other at 544 QUEEN STREET W, Toronto (Kensington-Chinatown)
Property type
Sale Of Business
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® C14100046
Neighbourhood
Kensington-Chinatown

***Lots of potential for growth in this well-established, profitable, environmentally friendly dry-cleaning business at 544 Queen Street West*** with high current sales serving hotel accounts, dry cleaners, convention centres, and walk-in customers. Increased sales Y-O-Y (2025 to 2026). All equipment fully owned-none leased, none rented. Full depot customer-facing storefront on busy Queen Street with complete plant on-site garment-care production, shirt-finishing and pressing equipment, boilers, commercial washers, and dryers to serve commercial B2B clients, which include dry cleaners, hotels, and convention centres. An amazing opportunity for an owner-operator or an existing garment-care business seeking an additional location. Seller will train buyer on how to operate and grow this successful business.

Sold data

Other homes in Toronto (Kensington-Chinatown) — recent sold market

Other homes in Toronto (Kensington-Chinatown) took a median of 41 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 113, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 90 days.

The median sale price was $75,000.

Homes sold for about 8.2% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
41
Median sale price
$75,000
Sale-to-list ratio
91.8%
Sold above asking
11%

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

Schools in Toronto (Kensington-Chinatown)

Toronto (Kensington-Chinatown) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Kensington-Chinatown)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 544 QUEEN STREET W