894 QUEEN STREET E, Toronto (South Riverdale)

2026-07-09
 

Quick Summary

Location
894 QUEEN STREET E, Toronto (South Riverdale), Ontario M4M1J3
Price
$2,750,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
4230 sqft

MLS®#E13533226

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. A brochure with financial information about this Listing is available. (id:32467)

Property Features

Building

  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 4230 sqft
  • Building Type: Residential Commercial Mix
  • Utility Water: Municipal water

Land

  • Land Size: Bldg=20.5 x 100 FT

Zoning

  • Description: CR 2.5(c1,r2*2224)

Information entered by ROYAL LEPAGE TERREQUITY REALTY
Listing information last updated on: 2026-07-16 16:02:38


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