$2,588,000
1985 Queen St E
Toronto E02, ON M4L 1J1
1985 Queen St E, Toronto E02 — Listed at $2,588,000, 3 bathroom Store W Apt/Office. MLS® E13636296.
Description
***WOW***Incredible opportunity on one of the most talked about and lively neighbourhoods of Toronto. This high-visibility, freehold mixed-use asset on Queen Street East features an established ground-floor commercial tenant and two 2-bedroom turnkey residential units, offering immediate income with high-yield potential. Located in Prime Beach, the property provides a unique combination of premium, updated residential suites and direct access to Kew Gardens, suitable for investors seeking strong cap rates or an owner-user live-work opportunity.The two upper-level two-bedroom apartments feature modern finishes, stone countertops, bright skylights, and in-suite laundry, ensuring a competitive advantage in Toronto's high-demand rental market. Combined with a perfect walk score, heavy pedestrian traffic, and immediate transit access, this property offers a rare combination of immediate commercial cash flow, residential upside, and premium real estate positioning.
Property Details
Business Details
Commercial Space & Financials
Property Insights
Listing Courtesy of: KELLER WILLIAMS REFERRED URBAN REALTY
MLS® #E13636296
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HouseIndex Take: 1985 Queen Street E
This store w apt/office is located in the The Beaches neighbourhood of Toronto.
The home offers 3 bathrooms.
Additional details: lot dimensions of 25 × 125 feet.
Listed at $2,588,000 CAD with annual property taxes of $29,383.01 (2026).
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About Toronto Real Estate
This Store W Apt/Office is located in the The Beaches community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.