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$ 5,950,000
Est. payment /mo
New
701 Queen ST E Toronto E01, ON M4M 1G6
8,106 SqFt
UPDATED:
01/07/2025 06:32 PM
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
Listed by RE/MAX HALLMARK REALTY LTD.
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