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$ 2,588,000
Est. payment /mo
New
1985 Queen ST E Toronto E02, ON M4L 1J1
3 Baths
3,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $718
Municipality Toronto E02
Subdivision The Beaches
MLS Listing ID E13636296
Annual Tax Amount $29,383
Tax Year 2026
Property Sub-Type Store W Apt/Office
Property 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.
Location
Province ON
County Toronto
Community Toronto E02
Area Toronto
Zoning COMMERCIAL MIXED USE (INCL. RESIDENTIAL)
Interior
Cooling Yes
Exterior
Parking Features None
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Building
Lot Description Lot
Others
Virtual Tour https://www.winsold.com/tour/470291
Lited by KELLER WILLIAMS REFERRED URBAN REALTY