Jag Patel
Broker
$2,750,000
Available - For Sale
Listing ID: E13533226
894 Queen Street East , Toronto, M4M 1J3, Toronto
| 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. Contact the listing agent for a brochure and financial information. |
| Price | $2,750,000 |
| Taxes: | $22358.29 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 894 Queen Street East , Toronto, M4M 1J3, Toronto |
| Postal Code: | M4M 1J3 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Queen/Booth |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | F |
| Total Area: | 4230.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 2200 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| ROYAL LEPAGE TERREQUITY REALTY |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Toronto |
| Municipality: | Toronto E01 |
| Neighbourhood: | South Riverdale |
| Tax: | $22,358.29 |
| Fireplace: | N |
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