701 Queen ST E new

Toronto E01,ON M4M 1G6

$ 5950000

- Bed

- Bath

8106 SqFt


Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 8,106 sqft

Price per Sqft $734

MLS Listing ID E11911391

Annual Tax Amount $23,527

Tax Year 2024

Property Description

Prime mixed-use commercial property located on vibrant Queen St E in South Riverdale, offering anexceptional investment opportunity. This 8,000+ sq. ft.-above-ground building features a successful pub occupying the retail space on the main floor, complete with an additional 593 sq ft basement space for storage or operations.The second floor houses four residential units: 3 studio/bachelor apartments and 1 one-bedroom unit, providing steady rental income. The property is ideally situated in a high-traffic area, close to public transportation, bike lanes, and local amenities, ensuring consistent foot traffic and tenant demand. South Riverdale is a thriving neighbourhood known for its eclectic mix of shops, restaurants, and services, attracting both locals and visitors. This property offers significant income potential with its strong commercial tenant and desirable residential units. Whether you're an investor or owner-operator, this property combines location, versatility, and steady cash flow.

Location

Province ON

County Toronto

Community South Riverdale

Area Toronto

Region South Riverdale

City Region South Riverdale

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Depth 146.32

Others

Security Features Partial

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