894 Queen ST E, Toronto E01, ON M4M 1J3
894 Queen ST E, Toronto E01, ON M4M 1J3
894 Queen ST E, Toronto E01, ON M4M 1J3
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jordan Pal

Jordan Pal

+1(416) 788-5673
$2,750,000
Est. payment /mo
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Municipality Toronto E01

Subdivision South Riverdale

MLS Listing ID E13533226

Annual Tax Amount $22,358

Tax Year 2025

Property Sub-Type Store W Apt/Office

Property Description

Positioned in the heart of trendy, high-traffic Leslieville, this meticulously maintained mixed-use property represents a turnkey investment with a great Net Operating Income and future development intensification upside. The column-free, street-level commercial space features a prominent Queen Street East frontage with high pedestrian visibility, currently occupied by a well-established anchor restaurant with a secure, long-term lease. Above, two expansive, full-floor walk-up residential apartments boast bright layouts, high ceilings, and significant rental upside-ideal for premium market-rent leasing or a sophisticated owner-occupier suite. The building has been flawlessly upkept by the current owner with extensive, high-ticket capital improvements, including a complete roof replacement new skylights (May 2023), a new A/C (August 2023), and a new boiler installed (September 2024). Featuring a highly coveted rear lane access for convenient loading and parking, this property is entirely worry-free. Situated steps from Jimmie Simpson Park and the upcoming Ontario Line transit hub, this versatile asset combines immediate cash flow from premier local tenancy with long-term capital appreciation in Toronto's most sought-after east-end commercial corridor. Contact the listing agent for a brochure and financial information.

Location

Province ON

County Toronto

Community Toronto E01

Area Toronto

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 20.5

Lot Depth 100.0

Others

Security Features Partial

ParcelsYN No

Read Less Info
Listed by ROYAL LEPAGE TERREQUITY REALTY

Nearby Locations

GET MORE INFORMATION

Jordan Pal

Jordan Pal

+1(416) 788-5673

CEO, Co-founder

CEO, Co-founder

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Origin Collective Realty Ltd, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.