Investment Property
Available
Dominion Hotel
500 Queen Street East, Toronto, ON M5A 1T7 Canada
Building Size
9,182 SF
Built
1889
Building Size
9,182 SF
Built
1889
OVERVIEW
Corner mixed-use investment opportunity known as the Dominion Hotel, an architecturally significant late-Victorian landmark constructed in 1889. The property is situated along Queen Street East within Toronto's downtown east, approximately 750 m from the future Ontario Line Corktown station, a three-minute drive to the Don Valley Parkway, and roughly 2.5 km from the East Harbour master-planned development, one of the largest future transit-oriented employment and mixed-use hubs in Canada. The building comprises a mixed-use configuration with a fully leased ground floor secured by a long-term net lease to a restaurant tenant, providing stable in-place income. The upper floors are currently configured as a 26-unit rooming house. The property offers repositioning potential subject to municipal approvals. The Dominion Hotel is a historically recognized structure having undergone restoration to preserve its heritage architecture, which was designed by architect David Roberts Jr., also responsible for the iconic Gooderham (Flatiron) Building. The property sits within an area experiencing ongoing intensification, transit expansion, and redevelopment activity.
Details
- Building Size:
- 9,182 SF
- Sale Price:
- Contact us for pricing
- Year Built:
- 1889