894 Queen Street E, Toronto (South Riverdale), Ontario

About 894 Queen Street E

GREAT INVESTMENT. Positioned in the heart of trendy, high-traffic Leslieville, this meticulously maintained mixed-use property represents a turnkey investment with a great Net Operating Income and future development intensification upside. The column-free, street-level commercial space features a prominent Queen Street East frontage with high pedestrian visibility, currently occupied by a well-established anchor restaurant with a secure, long-term lease. Above, two expansive, full-floor walk-up residential apartments boast bright layouts, high ceilings, and significant rental upside-ideal for premium market-rent leasing or a sophisticated owner-occupier suite. The building has been flawlessly upkept by the current owner with extensive, high-ticket capital improvements, including a complete roof replacement new skylights (May 2023), a new A/C (August 2023), and a new boiler installed (September 2024). Featuring a highly coveted rear lane access for convenient loading and parking, this property is entirely worry-free. Situated steps from Jimmie Simpson Park and the upcoming Ontario Line transit hub, this versatile asset combines immediate cash flow from premier local tenancy with long-term capital appreciation in Toronto's most sought-after east-end commercial corridor. A brochure with financial information about this Listing is available. (id:6289)

More Info on this South Riverdale Residential Commercial Mix MLS® listing

894 Queen Street E is a residential commercial mix listing for sale in Toronto (South Riverdale). The MLS® number is E13533226. It covers 4,230 square feet. It's currently listed for $2,750,000. For more details on MLS® E13533226, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This residential commercial mix listing in South Riverdale is available now!

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