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SaleStore W Apt/Office

701 Queen Street E

Toronto E01, ON M4M 1G6

Price

$4,300,000

Building Size

8,106 sq ft

MLS# E11911391 | Listed by RE/MAX HALLMARK REALTY LTD.

Business Details

Property Use

Store With Apt/Office

Franchise

No

Commercial Space & Financials

Retail Area

4,104 sq ft

Office / Apt Area

4,006 sq ft

Taxes (Annual)

$23,527

Net Operating Income

$185,495.15

Industrial Specifications

Lot Size

30' × 146.32'

Property Description

100% occupied mixed-use investment at 701 Queen Street East - one of Toronto's most active commercial corridors. The property generates income across two secured income streams: a 5-year commercial lease anchoring the ground floor and 4 residential units above. **The commercial tenant - an established hospitality operator - occupies 4,031 sq ft of main floor retail plus 593 sq ft of basement. Base rent escalates annually. **The second floor delivers 4,006 sq ft across four fully leased residential units - 3 studios and 1 one-bedroom suite. All four units are tenanted. **Building: 8,135 sq ft above grade on a 30 x 136.42 ft lot. Price per sq ft: $493 including basement. Laneway access to rear. **Location: At the intersection of established demand and accelerating growth. Queen Street East is one of Toronto's most established mixed-use corridors, supporting a diverse mix of retail, hospitality, and residential uses. With the future Ontario Line Leslieville Station steps away and East Harbour emerging as a major employment hub nearby, 701 Queen Street East is well positioned to benefit from significant transit and employment growth.The 501 Queen streetcar serves the property directly on the TTC 10-Minute Network. The DVP is less than 1 km east, offering convenient access to the broader highway network.. Riverside is home to a diverse mix of restaurants, cafés, boutiques, and independent retailers, supporting consistent commercial activity and long-term tenant demand.

Price & Status History

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Location

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701 Queen Street E, Toronto E01 M4M 1G6

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