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CAONTorontoSouth Riverdale701 Queen St E
Listing image | Image 1

701 Queen St E, Toronto, ON

House

For Sale

Listed price in listed location currency (CAD).
$4,300,000

000

MLS® E11911391

Overview

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage None
Taxes $23,527
Days Active 618
Lot Size 
Approx. Age 
MLS® Number E11911391

Property Address: 701 Queen St E, Toronto, ON, M4M1G6

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberE11911391
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
Basement
DrivewayGarage Type:None
Garage Spaces
HeatGas Forced Air Closed
A/CYes

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

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Today, For Sale for $4,300,000

For Sale · 618 days

$4,300,000

MLS® E11911391

2 years ago

Not Sold Yet

January 2025, For Sale for $4,300,000

For Sale · 618 days

$4,300,000

MLS® E11911391

2 years ago

Not Sold Yet

July 2024, Expired for $35

Expired · 793 days

$35

MLS® E7291848

2 years ago

Not Leased Yet

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