Commercial listings / Mixed-use / For sale
1985 Queen Street E, Toronto, ON M4L 1J1
$2,588,000
- Property type
- Mixed-use (Store W Apt/Office)
- Transaction
- For sale
- Location
- Toronto E02, Toronto
- Building area
- 3,600 Square Feet
- MLS® number
- 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.
Listing brokerage: KELLER WILLIAMS REFERRED URBAN REALTY
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