About 1985 Queen Street E
***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.
Features of 1985 Queen Street E
| MLS® # | E13636296 |
|---|---|
| Price | $2,588,000 |
| Bathrooms | 3.00 |
| Type | Commercial |
| Sub-Type | Store W Apt/Office |
| Status | Active |
Community Information
| Address | 1985 Queen Street E |
|---|---|
| Area | Toronto |
| Subdivision | The Beaches |
| City | Toronto E02 |
| Province | ON |
| Postal Code | M4L 1J1 |
Amenities
| Garages | None |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Gas Forced Air Closed |
|---|---|
| Cooling | Yes |
| Fireplace | No |
Listing Details
| Office | KELLER WILLIAMS REFERRED URBAN REALTY |
|---|