701 QUEEN STREET E, Toronto (South Riverdale), Ontario, M4M1G6
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. (id:2471)
McConkey Real Estate Corp. Brokerage
- 705-875-5957
- 705-745-4321
- 705-745-4324
- john@mcconkeyrealestate.com
- Property Address: 701 QUEEN STREET E, Toronto (South Riverdale), Ontario, M4M1G6
- Community Name: South Riverdale
- Property Type: Retail
- Zoning Description: CR2.5 (C2;R2*2294)
- Lot Size: 30 x 146.32 FT
- Acreage: 30 x 146.32 FT
- Water Type: Municipal water
- Structure Style: Residential Commercial Mix
- Floor Space: 8106 sqft
- Heating Type: Natural gas, Forced air
- Cooling: Fully air conditioned
Listing Offices: RE/MAX HALLMARK REALTY LTD.
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