701 Queen Street
$4,300,000
Annual taxes: $23,527 (2024)
—
Bedrooms
—
Bathrooms
8106
Sqft
—
Year Built
Property Overview
MLS®
E11911391
Status
Active
Property Type
Commercial
Property Sub-Type
Store W Apt/Office
List Price
$4,300,000
Taxes
$23,527 (2024)
Square Footage
8106
Cooling
Yes
City
Toronto E01
Postal Code
M4M 1G6
Property Description
Prime mixed-use commercial property located on vibrant Queen St E in South Riverdale, offering anexceptional investment opportunity. This 8,000+ sq. ft.-above-ground building features a successful pub occupying the retail space on the main floor, complete with an additional 593 sq ft basement space for storage or operations.The second floor houses four residential units: 3 studio/bachelor apartments and 1 one-bedroom unit, providing steady rental income. The property is ideally situated in a high-traffic area, close to public transportation, bike lanes, and local amenities, ensuring consistent foot traffic and tenant demand. South Riverdale is a thriving neighbourhood known for its eclectic mix of shops, restaurants, and services, attracting both locals and visitors. This property offers significant income potential with its strong commercial tenant and desirable residential units. Whether you're an investor or owner-operator, this property combines location, versatility, and steady cash flow. **EXTRAS** All residential units and the retail space are leased.
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Estimated Monthly
$21,104
Estimate only. Excludes property tax, insurance, condo fees, and CMHC premium. Speak to a mortgage professional for an exact figure.
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Data via TRREB / AMPRE IDX
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