$4,300,000
For SaleList: 2025-01-06
E11911391
$4,300,000
Added 669 days ago
MLS® E11911391
Toronto E01, ON, M4M 1G6
Condo apt
Added 669 days ago
MLS® E11911391
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Broker remarks from the listing.
Quick facts
100% occupied mixed-use investment at 701 Queen Street East - one of Toronto's most active commercial corridors. The property generates income across two secured income streams: a 5-year commercial lease anchoring the ground floor and 4 residential units above. **The commercial tenant - an established hospitality operator - occupies 4,031 sq ft of main floor retail plus 593 sq ft of basement. Base rent escalates annually. **The second floor delivers 4,006 sq ft across four fully leased residential units - 3 studios and 1 one-bedroom suite. All four units are tenanted. **Building: 8,135 sq ft above grade on a 30 x 136.42 ft lot. Price per sq ft: $493 including basement. Laneway access to rear. **Location: At the intersection of established demand and accelerating growth. Queen Street East is one of Toronto's most established mixed-use corridors, supporting a diverse mix of retail, hospitality, and residential uses. With the future Ontario Line Leslieville Station steps away and East Harbour emerging as a major employment hub nearby, 701 Queen Street East is well positioned to benefit from significant transit and employment growth.The 501 Queen streetcar serves the property directly on the TTC 10-Minute Network. The DVP is less than 1 km east, offering convenient access to the broader highway network.. Riverside is home to a diverse mix of restaurants, cafés, boutiques, and independent retailers, supporting consistent commercial activity and long-term tenant demand.
Property sheet
Key facts from the MLS® sheet for this home.
Record
Buy/sell history for 701 Queen Street E, Toronto, ON, Toronto E01, ON M4M 1G6 (Condo apt)
$4,300,000
For SaleList: 2025-01-06
E11911391
(Sign in required)
Price ChangeList: 2025-01-06 | End: 2025-08-22
E11911391
| Contract Date | Last Update | Price | Status | Listing ID |
|---|---|---|---|---|
| Jan 6, 2025 | Jul 8, 2026 | $4,300,000 | For Sale | E11911391 |
| Jan 6, 2025 | Aug 22, 2025 | (Sign in required) | Price Change | E11911391 |
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