701 Queen Street E, Toronto, ON M4M 1G6
Toronto E01, ON, M4M 1G6 · South Riverdale
About this property
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.
Features & Amenities
- Garage: None
- Cooling: Yes
- Heat Type: Gas Forced Air Closed
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Store W Apt/Office |
| Garage | None |
| Heat Type | Gas Forced Air Closed |
| Cooling | Yes |
| Annual Tax | $23,527 |
| Tax Year | 2024 |
Building & Construction
- Building Area Total
- 8106
Heating & Cooling
- Heat Type
- Gas Forced Air Closed
- Cooling
- Yes
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 146.32
- Lot Width
- 30.00
Financial & Tax
- Tax Annual Amount
- $23,527
- Tax Year
- 2024
- Possession Details
- TBD
Utilities & Services
- Utilities
- Available
Additional Details
- Occupant Type
- Tenant
- County Or Parish
- Toronto
- Cross Street
- Queen St E and Broadview Ave
- Showing Requirements
- Showing System, List Salesperson
Location
701 Queen Street E, Toronto, ON M4M 1G6, Toronto E01, ON, M4M 1G6