Prime Mixed-Use Investment in Parkdale - a fantastic opportunity to own a fully leased, mixed-use building in the heart of Toronto's vibrant 
Parkdale community. This property offers secure, long-term commercial income alongside stable residential rental upside. Investment 
Highlights - Main Floor Commercial Tenant: home to a busy Himalayan restaurant with strong local following and consistent foot traffic. The 
tenant has just renewed for an additional 5-year term, with further 5-year renewal option, providing excellent income stability. Residential 
Apartments: The upper level contains two well-proportioned 1-bedroom apartments. Both are leased, with one unit currently under market rent - 
offering immediate upside potential of approximately $8,000/year in additional income once adjusted to market levels. Secure and Diverse 
Income: Benefit from dual revenue streams - long-term commercial tenancy plus residential rental growth. Key Features - high visibility Queen St 
West frontage in the heart of Parkdale; two fully leased residential units for consistent income; commercial lease security with 5 + 5 years 
remaining; immediate value-add potential through residential rent adjustment; thriving location surrounded by transit, retail, and a dense 
residential population supporting strong business activity. This is a turn-key investment opportunity in one of Toronto's most dynamic corridors. 
With reliable commercial tenancy, strong residential demand, and built-in rental upside, 1508 Queen St W offers investors both stability and 
growth potential.