Store W Apt/OfficeActive

701 Queen Street

701 Queen Street E, Toronto, ON M4M 1G6·MLS® E11911391

$4,300,000

Annual taxes: $23,527 (2024)

Bedrooms

Bathrooms

8106

Sqft

Year Built

Property Overview

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

The information provided herein is believed to be accurate but is not warranted and is intended only for consumers who have a bona fide interest in the purchase, sale, or lease of real estate.

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