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301-311 Queen Street East 0.25 Acres of Commercial Land in Toronto, ON M5A 1S7
Investment Highlights
- 18-storey tall mid-rise development concept (~130,000–150,000 SF GFA)
- Clean, standalone development opportunity with no reliance on third-party assembly
- Well-suited for rental or boutique condo development in current market conditions
- 111 feet of frontage on Queen Street East
- Opportunity to expand via assembly to unlock additional scale (250,000+ SF GCA)
Executive Summary
On behalf of MNP Ltd., solely in its capacity as Court-Appointed Receiver (the “Vendor”), Colliers (the “Advisor”) is pleased to present an exclusive opportunity to acquire 100% freehold interest in the land located at 301-311 Queen Street East, Toronto (the “Property”). The site is 11,001 SF, fronting on Queen Street East in Toronto’s dynamic Corktown neighbourhood. The Property is currently improved with two commercial buildings previously operated as an event venue. The Property is located within a rapidly intensifying corridor, with strong precedent for increased density along Queen Street East.
301–311 Queen Street East is a mixed-use development site with potential for redevelopment through a Zoning By-law Amendment process. The Property represents a compelling opportunity to advance a standalone tall mid-rise development, with a clear path to near-term execution A conceptual scheme envisions an 18-storey mid-rise building delivering approximately 175 residential units, 132,719 SF of GFA, and 2,250 SF of ground-floor retail. The scale and configuration of the contemplated development aligns well with current market demand for mid-sized urban residential projects. The site also offers future flexibility to explore additional density through rezoning and/or strategic assembly.
The Property’s location promises a vibrant urban lifestyle, situated along the Queen streetcar line and in close proximity to The Distillery District, St. Lawrence Market, St. Michael’s Hospital, and the downtown core’s top shopping and dining amenities. This Property is being offered for sale by way of receivership.
301–311 Queen Street East is a mixed-use development site with potential for redevelopment through a Zoning By-law Amendment process. The Property represents a compelling opportunity to advance a standalone tall mid-rise development, with a clear path to near-term execution A conceptual scheme envisions an 18-storey mid-rise building delivering approximately 175 residential units, 132,719 SF of GFA, and 2,250 SF of ground-floor retail. The scale and configuration of the contemplated development aligns well with current market demand for mid-sized urban residential projects. The site also offers future flexibility to explore additional density through rezoning and/or strategic assembly.
The Property’s location promises a vibrant urban lifestyle, situated along the Queen streetcar line and in close proximity to The Distillery District, St. Lawrence Market, St. Michael’s Hospital, and the downtown core’s top shopping and dining amenities. This Property is being offered for sale by way of receivership.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 0.25 AC |
| Zoning | CRE - Commercial Residential | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.25 AC |
| Zoning | CRE - Commercial Residential |
1 Lot Available
Lot 1
| Lot Size | 0.25 AC |
| Lot Size | 0.25 AC |
Court Appointed Receivership Sale - 301-311 Queen Street East - Corktown's Next Tall Mid-rise Opportunity Land | Land Area: 11,001 SF
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
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301-311 Queen Street East
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