Commercial storefront with a prominent sign, double glass entry doors, and a partial upper-level facade with two windows Features: commercial view

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Spacious outdoor deck with dark wood-finish flooring, featuring a clear overhead canopy and string lighting Features: deck

Recessed ceiling lighting, tiled flooring, built-in booth seating, and exterior-facing glass doors Features: drop ceiling, recessed lighting, tile floor, wall mounted ac, smoke carbon monoxide detector, vent, baseboards wall, drywall, tv, security camera

Recessed ceiling lighting with drop ceiling, multiple sets of glass panel doors, and tile flooring Features: drop ceiling, tile floor, drywall, recessed lighting, wall mounted ac, smoke carbon monoxide detector

Recessed lighting, drop ceiling, dark green ceiling accent, light-colored walls, tile flooring Features: smoke carbon monoxide detector, drop ceiling, baseboards wall, security camera, drywall, recessed lighting, vent

Recessed ceiling lighting, drop ceiling, wall-mounted television, built-in booth seating with upholstered cushions, light wood-finish tables Features: recessed lighting, baseboards wall, drop ceiling, breakfast nook, tv, drywall, tile floor

Additional content Features: recessed lighting, smoke carbon monoxide detector, vent

Additional content Features: recessed lighting, vent, security camera

Recessed ceiling lighting, tiled flooring, front counter with stainless steel accents, and glass storefront entry Features: stainless steel countertops, recessed lighting, vent, security camera

Commercial space featuring two glass-front refrigerators, a chest freezer, and extensive built-in shelving Features: mini refrigerator, vent, smoke carbon monoxide detector, recessed lighting

Commercial kitchen featuring extensive stainless steel countertops, professional-grade cooking equipment, and robust exhaust hood system Features: open shelves, stainless steel countertops, range hood, smoke carbon monoxide detector, recessed lighting

Additional content Features: fire alarm, commercial refrigerator

Commercial space featuring tile flooring, recessed lighting, and a suspended ceiling Features: security camera, tv, stainless steel countertops, recessed lighting

Additional content Features: electric meter, smoke carbon monoxide detector, basement

Additional content Features: water heater, basement

White service counter with display case, built-in shelving, tile flooring, and recessed lighting Features: recessed lighting, security camera

White subway tile walls with a bright accent band, pedestal sink, and recessed lighting Features: mirror, half bathroom, sink, toilet, recessed lighting

Additional content Features: drywall, baseboards wall, stairs, vent, fire alarm, tile floor, smoke carbon monoxide detector, low ceiling

Staircase with a wood-finish handrail and overhead lighting Features: stairs, drywall

Recessed panel door with contrasting trim, wood-finish flooring, and a window with white window treatments Features: drywall, wood finish floor, baseboards wall, security camera, smoke carbon monoxide detector

Recessed lighting throughout, wood-finish flooring, and multiple skylights Features: vent, wood finish floor, office area, drywall, recessed lighting, tv, baseboards wall

Kitchen area featuring a gas range, stainless steel range hood, glass-front upper cabinetry, and white subway tile backsplash Features: drywall, backsplash, raised cabinets, vent, white cabinets, glass insert cabinets, countertops, natural light, office area, baseboards wall, microwave, wood finish floor, recessed lighting, range oven, range hood

Open-concept living space featuring wood-finish flooring, recessed lighting, and a skylight Features: microwave, sink, refrigerator, vent, range hood, baseboards wall, wood finish floor, drywall, glass insert cabinets, backsplash, opens to living area, range oven, countertops, recessed lighting, raised cabinets, white cabinets

White paneled door, wood-finish flooring, kitchen area with white cabinetry, stainless steel refrigerator, and recessed lighting Features: baseboards wall, vent, wood finish floor, drywall, backsplash, sink, refrigerator, recessed lighting

Modern kitchen featuring white cabinetry, dark countertops, a stainless steel range hood, stainless steel refrigerator, and recessed lighting Features: microwave, baseboards wall, glass insert cabinets, raised cabinets, backsplash, l shaped kitchen, vent, drywall, refrigerator, recessed lighting, sink, stone countertops, tile floor, range oven, range hood, white cabinets

Hard-surface flooring, recessed lighting, skylight, sliding glass door with balcony access, and a stacked washer and dryer Features: laundry, wood finish floor, vent, drywall, recessed lighting, baseboards wall, stacked washer dryer

Wood-finish flooring, white paneled door, recessed lighting, and a decorative ceiling fixture Features: wood finish floor, baseboards wall, drywall, refrigerator, vent, recessed lighting

Wood-finish flooring, white walls, and a sliding glass door providing access to an outdoor deck with wood railings Features: access to exterior, baseboards wall, wood finish floor, drywall

Sliding glass door leading to an outdoor deck with wood railings, wood-finish flooring, and a built-in wall organizer Features: baseboards wall, wood finish floor, drywall

Wood-finish flooring, white wall finishes, and sliding glass doors leading to an exterior wooden deck Features: baseboards wall, drywall, access to exterior, wood finish floor

Open concept living space with recessed lighting, wood-finish flooring, and white walls Features: tv, recessed lighting, drywall, wood finish floor, baseboards wall

Staircase featuring light-toned wood handrail, tiled treads, and a white wall finish Features: stairs, drywall, fire extinguisher, recessed lighting

Wood-finish flooring Features: drywall, barn door, closet, wood finish floor, baseboards wall

Modern bathroom featuring a glass-enclosed shower with dark vertical tile, mosaic shower floor, and a built-in shower niche Features: mirror, shower, recessed lighting, drywall, toilet, full bathroom, sink

Glass-enclosed shower with dark tile and mosaic accent Features: full bathroom, toilet, drywall, sink, mirror, shower

White walls, a white barn door with black hardware, and a small window are visible Features: barn door, drywall

White walls with wood-finish flooring Features: baseboards wall, recessed lighting, natural light, drywall, wood finish floor

White walls and wood-finish flooring Features: drywall, baseboards wall, natural light, wood finish floor

Integrated vanity with a rectangular basin, chrome faucet, and expansive wall mirror Features: tile wall, baseboards wall, drywall, sink, vanity, half bathroom, mirror

Glass-enclosed shower with a multi-function shower system Features: drywall, tile wall, full bathroom, shower

Integrated vanity with a white rectangular sink and chrome faucet Features: mirror, drywall, tile wall, vanity, sink, wainscot wall

Expansive outdoor deck with wood-finish flooring and a wood railing Features: deck, woods view, outdoor dining area

Multi-level wood deck structure featuring a baluster railing system and a staircase Features: stairs

Additional content Features: deck, patio, stairs, central ac

Circular swimming pool with a surrounding paved area, expansive manicured lawn, and mature trees Features: fence, lawn, pool, patio, woods view

Expansive wood deck with a built-in street light, sliding glass door access, and vinyl siding Features: outdoor dining area, deck

Expansive wood deck with wood railings, overlooking a large green space Features: deck, woods view, outdoor dining area, lawn

Paved walkway with a stone monument and lush greenery Features: woods view

Manicured landscaping with a paved pathway, varied plantings, and mature trees Features: woods view, lawn

Manicured lawn with mature trees, paver walkway, and built-in wood benches Features: lawn, patio

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For Sale - 1985 Queen Street, Toronto, Ontario

1985 Queen Street

Toronto , Ontario

3 $2,588,000

Est payment $12,427/mo

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Time on Jump 79 day

AI Summary *

Located in a vibrant neighborhood with high visibility and pedestrian traffic.
Established commercial tenant providing immediate income with growth potential.
Turnkey residential units featuring modern finishes and in-suite laundry.
Direct access to Kew Gardens for outdoor enjoyment and leisure.
Perfect walk score with easy access to transit and amenities.

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Purchase Price

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Down Payment:
$ 129,400 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

***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.

Listing IDE13636296

Address1985 Queen Street

CityToronto, Ontario

Price$2,588,000

Bath3 Full

StyleStore W Apt/Office

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype Store W Apt/OfficeCommunity Features Public Transit, Recreation/Community CentreBasement 1Heating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm

Market Info

Listing Brokerage: KELLER WILLIAMS REFERRED URBAN REALTY

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Listing Brokerage: KELLER WILLIAMS REFERRED URBAN REALTY

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For Sale - 1985 Queen Street, Toronto, Ontario

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Property Info

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Market Info

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