Jag Patel
Broker
$2,588,000
Available - For Sale
Listing ID: E13636296
1985 Queen Street East , Toronto, M4L 1J1, Toronto
| ***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. |
| Price | $2,588,000 |
| Taxes: | $29383.01 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 1985 Queen Street East , Toronto, M4L 1J1, Toronto |
| Postal Code: | M4L 1J1 |
| Province/State: | Toronto |
| Legal Description: | PT LT U PL 90 CITY EAST AS IN CT966679; |
| Directions/Cross Streets: | Queen St. East & Woodbine Ave. |
| 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 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 3600.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1800 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit Recreation/Comm |
| Sprinklers: | No |
| Washrooms: | 3 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| KELLER WILLIAMS REFERRED URBAN REALTY |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Toronto |
| Municipality: | Toronto E02 |
| Neighbourhood: | The Beaches |
| Tax: | $29,383.01 |
| Baths: | 3 |
| Fireplace: | N |
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