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
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
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$ 2,588,000
Est. payment | /mo

3 Baths


$ 2,588,000
Est. payment | /mo

3 Baths

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

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

Interior

Cooling Yes

Exterior

Community Features Public Transit, Recreation/Community Centre

Utilities Available Yes

Lot Frontage 25.0

Lot Depth 125.0

Others

Security Features No

ParcelsYN No

Virtual Tour https://www.winsold.com/tour/470291

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

Nearby Locations

Tara Ghadery

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 844-0918

tara.ghadery@theagencyre.com

378 Fairlawn Ave, Toronto, ON M5M 1T8, CAN

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1985 Queen ST E