1562 QUEEN STREET E
Toronto (Greenwood-Coxwell), Ontario
MLS® E13813862
$1,275,000
- Status
- Active
- Property type
- Retail
- MLS® number
- E13813862
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 23Listing description
An Outstanding Opportunity To Own A Fully Tenanted Mixed-Use Property Along Toronto's Vibrant Queen East Corridor! Set On A 16. 25 X 95 Ft Lot, This High-Income-Producing Property Offers Excellent Value With A High Visibility Street Level Commercial Storefront, A Spacious Two-Bedroom Residential Apartment Above And Two-Car Parking At The Rear.
The Main Floor Features Approximately 706 Sq. Ft. Of Commercial Space, Currently Occupied By An Established Retail Tenant, Plus A Full Lower Level Providing Valuable Additional Storage And Utility Space.
The Approximately 824 Sq. Ft. Upper-Level Apartment Features Two Bedrooms, A Separate Living Room, Kitchen And Full Bathroom.
Both Commercial And Residential Tenancies Are Already In Place, Providing Immediate Income From Day One. Ideally Positioned On A Lively Stretch Of Queen Street East Where Leslieville Meets The Beaches, Surrounded By An Eclectic Mix Of Independent Shops, Restaurants, Cafés And Neighbourhood Amenities. Directly Across From The New Queen & Ashbridge Condominiums, Bringing Hundreds Of New Residents To The Immediate Area, With Continued Development And New Shops Adding To The Energy Of This Rapidly Evolving Stretch Of Queen East.
Excellent Pedestrian And Vehicular Exposure, 24-Hour TTC Service At The Doorstep And Convenient Access To Downtown And Toronto's East-End Neighbourhoods. An Excellent Value And Compelling Opportunity To Acquire A Fully Tenanted, High-Income-Producing Mixed-Use Asset Along One Of Toronto's Most Established And Desirable Commercial Corridors.
Property summary
- MLS® number
- E13813862
- Property type
- Retail
- Building type
- Residential Commercial Mix
- Size
- 1,530 sq ft
- Land size
- 16.25 x 95 FT
- Annual property taxes
- $10,945.59
- Parking
- 2 spaces
- Days on market
- 18 days
Features & details
- Heating
- Radiator
- Cooling
- None
What would this home cost you?
Based on the $1,275,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE ESTATE REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.