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MLS® E11911391

701 Queen St E

Toronto E01, ON M4M 1G6

$4,300,000

Type

Store W Apt/Office

Taxes (2024)

$23,527

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Description

Prime mixed-use commercial property located on vibrant Queen St E in South Riverdale, offering anexceptional investment opportunity. This 8,000+ sq. ft.-above-ground building features a successful pub occupying the retail space on the main floor, complete with an additional 593 sq ft basement space for storage or operations.The second floor houses four residential units: 3 studio/bachelor apartments and 1 one-bedroom unit, providing steady rental income. The property is ideally situated in a high-traffic area, close to public transportation, bike lanes, and local amenities, ensuring consistent foot traffic and tenant demand. South Riverdale is a thriving neighbourhood known for its eclectic mix of shops, restaurants, and services, attracting both locals and visitors. This property offers significant income potential with its strong commercial tenant and desirable residential units. Whether you're an investor or owner-operator, this property combines location, versatility, and steady cash flow. **EXTRAS** All residential units and the retail space are leased.

Price & Status History

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Property Details

Property TypeStore W Apt/Office
CommunitySouth Riverdale
Lot Dimensions30 × 146.32 ft
Dir/Cross StQueen St E and Broadview Ave
Garage TypeNone
Heating TypeGas Forced Air Closed
A/CYes
Taxes (2024)$23,527
HSTYes
SecurityPartial
Listed Date1/7/2025
Days on Market458 days
PossessionTBD
Vick Yogeswaran - REALTOR

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RE/MAX HALLMARK REALTY LTD.

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MLS® #E11911391