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701 QUEEN STREET E, Toronto (South Riverdale)
2025-01-07
Quick Summary
- Location
- 701 QUEEN STREET E, Toronto (South Riverdale), Ontario M4M1G6
- Price
- $5,950,000
- Status:
- For Sale
- Property Type:
- Retail
- Area:
- 8106ft2
MLS®#E11911391
Property Description
Prime mixed-use commercial property located on vibrant Queen St E in South Riverdale, offering anexceptional investment opportunity. This 8,000+ sq. ft.-above-ground building features a successful pub occupying the retail space on the main floor, complete with an additional 593 sq ft basement space for storage or operations.The second floor houses four residential units: 3 studio/bachelor apartments and 1 one-bedroom unit, providing steady rental income. The property is ideally situated in a high-traffic area, close to public transportation, bike lanes, and local amenities, ensuring consistent foot traffic and tenant demand. South Riverdale is a thriving neighbourhood known for its eclectic mix of shops, restaurants, and services, attracting both locals and visitors. This property offers significant income potential with its strong commercial tenant and desirable residential units. Whether you're an investor or owner-operator, this property combines location, versatility, and steady cash flow. **** EXTRAS **** All residential units and the retail space are leased. (id:32467)
Property Features
Building
- Cooling Type: Fully air conditioned
- Fireplace: No
- Interior Size: 8106 sqft
- Building Type: Residential Commercial Mix
- Utility Water: Municipal water
Land
- Land Size: 30 x 146.32 FT
Zoning
- Description: CR2.5 (C2;R2*2294)
Information entered by RE/MAX HALLMARK REALTY LTD.
Listing information last updated on: 2025-01-07 19:34:47
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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