701 Queen Street E, Toronto, ON M4M 1G6
Toronto E01
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 701 Queen Street E, Toronto, ON M4M 1G6
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# E11911391
Listed by RE/MAX HALLMARK REALTY LTD.
On market since Jan 7, 2025
701 Queen Street E, Toronto, ON M4M 1G6 is listed for $4,300,000 CAD.
701 Queen Street E, Toronto, ON M4M 1G6 is a Store W Apt/Office, 8,106 sq ft.
701 Queen Street E, Toronto, ON M4M 1G6 is in Toronto E01, Ontario.
701 Queen Street E, Toronto, ON M4M 1G6 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 701 Queen Street E, Toronto, ON M4M 1G6 (MLS# E11911391). You can also send a message through the contact form on this site.
