1985 Queen ST E, Toronto E02, ON M4L 1J1
1985 Queen ST E, Toronto E02, ON M4L 1J1
1985 Queen ST E, Toronto E02, ON M4L 1J1
50
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$2,588,000
Est. payment /mo
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3 Baths
3,600 SqFt
Active

1985 Queen ST E Toronto E02, ON M4L 1J1

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Kenneth Yim

Kenneth Yim

+1(416) 906-0080

UPDATED:

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $718

Municipality Toronto E02

Subdivision The Beaches

MLS Listing ID E13636296

Annual Tax Amount $29,383

Tax Year 2026

Property Sub-Type Store W Apt/Office

Property 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.

Location

Province ON

County Toronto

Community Toronto E02

Area Toronto

Zoning COMMERCIAL MIXED USE (INCL. RESIDENTIAL)

Interior

Cooling Yes

Exterior

Parking Features None

Community Features Public Transit, Recreation/Community Centre

Utilities Available Yes

Building

Lot Description Lot

Others

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Kenneth Yim

Kenneth Yim

Broker of Record License ID: 9524831

+1(416) 906-0080

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1985 Queen ST E

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