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701 Queen Street E, Toronto, ON M4M 1G6

Toronto E01, ON, M4M 1G6 · South Riverdale

Sq Ft
Store W Apt/Office Type
E11911391 MLS#

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

Listing courtesy of RE/MAX HALLMARK REALTY LTD.
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