523 The Queensway Way 107, Toronto, ON M8Y 1J7
Newly renovated and fully equipped, turnkey medical office with plenty of customer parking - ideal for a physician looking to launch a new practice, second location or relocate into a ready-to-operate clinical space. This approximately 2,200 sq. ft. unit is a professionally designed medical clinic featuring a highly functional layout with extensive leasehold improvements valued at approximately $100,000. The space is move-in ready and well-suited for a wide range of medical, cosmetic, wellness, dermatology, laser, skincare, allied health, or other professional healthcare-related uses (subject to landlord approval). The suite includes 10 examination/treatment rooms with sinks, a beautiful and welcoming reception area, a private office or conference room, a small kitchen/ staff room, laundry, client bathroom, and supporting clinical infrastructure throughout. The layout is efficient, modern, and designed for optimal patient flow and staff functionality.Additional features include two entrances, wheelchair accessibility, and ample parking located at the rear of the building for patients and staff convenience.The building offers strong medical synergy with X-ray, ultrasound, and pharmacy services all located on-site, creating a highly convenient one-stop healthcare environment for patients. Outstanding location with excellent exposure and accessibility-just minutes to the Gardiner Expressway, QEW, public transit, banks, and major arterial routes.Current lease term runs until August 31, 2029. Subletting is permitted with landlord consent. The space may be made available as a full-unit sublease or partial occupancy arrangement depending on tenant requirements. A rare opportunity to step into a fully operational, high-quality medical space in a prime Etobicoke location, no renovation or work required.
- MLS number
- W13491504
- Type
- Office
- Status
- Active
- Bedrooms
- —
- Bathrooms
- 1
- Postal code
- M8Y 1J7
- Photos
- 34
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Office
- Class
- Commercial
- Community
- Stonegate-Queensway
- Municipality
- Toronto W07
- Cross street
- The Queensway and Parklawn
- Zoning
- Office
Inside
- Bathrooms
- 1
- Washrooms
- 1
Parking
- Garage
- Outside/Surface
- Driveway spaces
- 20
Land
- Lot
- 96.1 × 52.5 feet
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Cooling
- Yes
- Water
- Municipal
Listing
- MLS number
- W13491504
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-06-25
- Expires
- 2026-10-30
- Board
- Toronto Regional Real Estate Board
Listing history
This address has been listed 2 times.
Where this property is
H-Value
Work out the numbers
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If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.
