432 Queen Street, Toronto, ON
Regent Park, Toronto · MLS® C12880166
About this home
A bright, luxuriously renovated live/work opportunity. 7,581 SF of downtown space on 4 levels - customizable for residential, retail, or office use. Occupy what you need and rent the rest. HIGHLIGHTS: Private garage, expansive great room, bright multi-use studio, stylish wood-burning fireplace, 6 skylights, jetted tub, and glass-enclosed showers. Bamboo and granite floors throughout. LOCATION: Easy access to DVP/Gardiner, Queen streetcar and future Corktown subway. MAIN FLOOR: Open retail/office area, large windows, 4 private offices, tech room, private garage, and mudroom. 2ND FLOOR: High-ceiling studio with walk-out doors to a huge deck, perfect for yoga, photography, family room, or home theatre. Kitchenette, washroom, and 3 offices. PENTHOUSE: A stunning residence with south-facing windows, 6 skylights, and a 12 ft ceiling. The great room has a European wood-burning fireplace, and a designer kitchen boasting ample storage, a granite island, induction range, and stainless-steel appliances. The primary ensuite includes a jetted tub, oversized glass shower, and skylight. Two bedrooms feature skylights and access to a spacious deck. Beautiful second bathroom. OUTSIDE: Built-in gas BBQ line, heated gutters, and new roof shingles (2024). BASEMENT: Office, 3 storage rooms, utility room, and 3 washrooms. (42347736)
Key facts
- Property type
- Other, 3-Storey
- MLS®
- C12880166
- Bedrooms
- 6 (2 + 4)
- Bathrooms
- 6 (4 half)
- Size
- 5,000 sq ft
- Lot
- 26.84 × 81.36 ft
- Cross streets
- Queen & Sackville
- Parking
- 1 garage (built-in)
- Driveway
- Lane
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle, Tar and Gravel
- Property tax
- $26,722 / 2025
- Days on market
- 131
- Listing brokerage
- ROYAL LEPAGE ESTATE REALTY
Rooms
South View
walk-in closet(s) · w/o to deck
w/o to deck · murphy bed
Window Floor to Ceiling
Closet
w/o to deck · window floor to ceiling
fireplace · south view · large window
Open Concept
open concept · centre island
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairWhat the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesOn the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Regent Park, Toronto, ON
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $3,192,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,034
- Property tax
- $2,227
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $19,261
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $86,225
- Toronto municipal land transfer tax
- $96,125
- Estimated closing costs
- $182,350
Plus your down payment of $798,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $1,022,022
- Principal paid down
- $406,502
- Interest paid
- $615,520
- Balance remaining
- $2,785,498
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE ESTATE REALTY. MLS®/PropTx.