1255 Queen St West

Stone’s Place became a landmark and forerunner to the gentrification of Parkdale. Before long, professionals started moving in and real estate values escalated as vintage clothing shops, edgy bars, design firms and now condos also took up residence. 

During the 20 years, the business operated, in addition to Stone’s aficionados, the cavernous yet cozy bar and live music venue attracted the likes of Bob Dylan, Tom Petty, Drew Barrymore, Rod Stewart, Neil Young, Joni Mitchell, Rachel McAdams (A Thursday night pool playing regular), Bono, Cheech & Chong, and Colin Farrell. A rocker’s Studio 54, people lined up in anticipation of kicking back in the boudoir-like setting with its velvet curtains and vintage sofas. The nights were especially long for the privileges ones who got to hand with owner Jerry Stone upstairs in his 2,500 sqft otherworldly apartment.

An exceptional opportunity for an owner-user or value-add investor, this property offers prime 41 ft linear frontage on Queen West. Situated on one of Toronto’s main thoroughfares, it offers prominent positioning and exposure within a high pedestrian and high vehicular traffic corridor.

Stone’s Place has served as an anchor to the neighbourhood, alongside Cadillac Lounge and the Rhino, by its use as an iconic and illustrious music venue with 245 capacity. The second-floor owner’s suite overs 2,500 sq ft and has limitless potential to expand on its layout.

Co-Listed with Kimmé Myles, Broker