For Sale - 894 Queen Street, Toronto, Ontario

Est payment $13,205/mo
Views   3
Time on Jump  76 day
  • Located in trendy Leslieville with high pedestrian traffic for visibility.
  • Turnkey investment with solid Net Operating Income and future development potential.
  • Street-level commercial space currently occupied by a well-established restaurant.
  • Two bright, spacious residential apartments with significant rental upside.
  • Flawlessly maintained with recent high-value improvements for worry-free ownership.



Positioned in the heart of trendy, high-traffic leslieville, this meticulously maintained mixed-use property represents a turnkey investment with a great net operating income and future development intensification upside. The column-free, street-level commercial space features a prominent queen street east frontage with high pedestrian visibility, currently occupied by a well-established anchor restaurant with a secure, long-term lease. Above, two expansive, full-floor walk-up residential apartments boast bright layouts, high ceilings, and significant rental upside-ideal for premium market-rent leasing or a sophisticated owner-occupier suite. The building has been flawlessly upkept by the current owner with extensive, high-ticket capital improvements, including a complete roof replacement new skylights (may 2023), a new a/c (august 2023), and a new boiler installed (september 2024). Featuring a highly coveted rear lane access for convenient loading and parking, this property is entirely worry-free. Situated steps from jimmie simpson park and the upcoming ontario line transit hub, this versatile asset combines immediate cash flow from premier local tenancy with long-term capital appreciation in toronto's most sought-after east-end commercial corridor. A brochure with financial information about this listing is available.
Listing IDE13533226
Address894 Queen Street
CityToronto, Ontario
Price$2,750,000
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:  ROYAL LEPAGE TERREQUITY REALTY

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894 Queen Street
Toronto , Ontario
$2,750,000
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