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Investment Highlights

  • Significant historic building with comprehensive restoration that preserves original architectural details.
  • Fully leased mixed-use asset offering event venues, office space, and hospitality tenancy.
  • Prominent corner location with 50 feet of frontage along Queen Street West, a major Toronto thoroughfare.
  • Located within a vibrant cultural and commercial hub near downtown Toronto, transit, and major arterial routes.

Executive Summary

Positioned at a high-visibility intersection in Toronto’s vibrant West Queen West corridor, 1087–1089 Queen Street West—known as The Great Hall—presents a rare opportunity to acquire a fully restored heritage property anchored in one of the city’s premier cultural and entertainment districts. Originally designed by architect Gordon & Helliwell and constructed for Toronto’s first YMCA, the building has been meticulously revitalized to blend 19th-century architectural grandeur with modern building systems.
The four-story property spans more than 32,000 square feet, featuring a diverse configuration with event venues, restaurant space, and office accommodations. The interiors showcase impressive craftsmanship, including original coffered ceilings, broad wooden staircases, crystal chandeliers, restored radiators, and updated washrooms. These details collectively complement a modernized infrastructure supporting contemporary occupier requirements.
From a strategic standpoint, the site offers a 50-foot frontage along Queen Street West, one of Toronto’s most dynamic urban corridors with consistent foot traffic, strong transit access, and proximity to established residential and retail communities. Future growth is reinforced by surrounding redevelopment activity and the forthcoming Ontario Line, ensuring sustained connectivity and investment upside. With flexible lease structures and projected NOI, this asset delivers a compelling proposition for investors seeking heritage character, income stability, and long-term appreciation.

Property Facts

Price $11,987,176 USD
Price Per SF $367.73 USD
Sale Type Investment
Property Type Sports & Entertainment
Property Subtype Theater/Concert Hall
Building Class C
Lot Size 0.15 AC
Building Size 32,598 SF
No. Stories 4
Year Built 1889
Zoning MCR T3.0 MCR T3.0

Amenities

  • Bus Line
  • Commuter Rail
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Very bikeable
80/100
  • Listing ID: 40959754

  • Date on Market: 6/17/2026

  • Last Updated:

  • Address: 1087-1089 Queen St W, Toronto, ON M6J 1H3

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