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    For Sale - 701 Queen Street, Toronto, Ontario

    Est payment $20,648/mo
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    Views   10
    Time on Jump  317 day

    AI Summary *

    • Fully occupied mixed-use property with steady income from commercial and residential units.
    • Established hospitality tenant on the ground floor with annual rent escalations.
    • Four fully leased residential units offering a mix of studios and one-bedroom suites.
    • Located on a busy commercial corridor with diverse retail and dining options.
    • Close to future transit developments and an emerging employment hub for growth.




    100% occupied mixed-use investment at 701 queen street east - one of toronto's most active commercial corridors. The property generates income across two secured income streams: a 5-year commercial lease anchoring the ground floor and 4 residential units above. **the commercial tenant - an established hospitality operator - occupies 4,031 sq ft of main floor retail plus 593 sq ft of basement. Base rent escalates annually. **the second floor delivers 4,006 sq ft across four fully leased residential units - 3 studios and 1 one-bedroom suite. All four units are tenanted. **building: 8,135 sq ft above grade on a 30 x 136. 42 ft lot. Price per sq ft: $493 including basement. Laneway access to rear. **location: at the intersection of established demand and accelerating growth. Queen street east is one of toronto's most established mixed-use corridors, supporting a diverse mix of retail, hospitality, and residential uses. With the future ontario line leslieville station steps away and east harbour emerging as a major employment hub nearby, 701 queen street east is well positioned to benefit from significant transit and employment growth. The 501 queen streetcar serves the property directly on the ttc 10-minute network. The dvp is less than 1 km east, offering convenient access to the broader highway network.. Riverside is home to a diverse mix of restaurants, cafés, boutiques, and independent retailers, supporting consistent commercial activity and long-term tenant demand.
    Listing IDE11911391
    Address701 Queen Street
    CityToronto, Ontario
    Price$4,300,000
    StyleStore W Apt/Office
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Store W Apt/OfficeBasement 1Heating / Cooling Gas Forced Air Closed

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    Listing Agency:  RE/MAX HALLMARK REALTY LTD.

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    701 Queen Street
    Toronto , Ontario
    $4,300,000
    Get more info