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Listed price in listed location currency (CAD).
$2,588,000

030

MLS® E13636296

Overview

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage None
Taxes $29,383
Days Active 7
Lot Size 
Approx. Age 
MLS® Number E13636296

Property Address: 1985 Queen St E, Toronto, ON, M4L1J1

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

Description

***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.
MLS® NumberE13636296
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

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Avg. Days Listed

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Today, For Sale for $2,588,000

For Sale · 7 days

$2,588,000

MLS® E13636296

7 days ago

Not Sold Yet

August 2026, For Sale for $2,588,000

For Sale · 7 days

$2,588,000

MLS® E13636296

7 days ago

Not Sold Yet

October 2024, Withdrawn for $3,288,888

Walking distance to Park & Beach
Withdrawn · 27 days

$3,288,888

MLS® E8209512

2 years ago

Canceled on Oct 31, 2024

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