701 Queen Street E Toronto, Ontario M4M 1G6
$4,950,000
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. **EXTRAS** All residential units and the retail space are leased. (id:60234)
Property Details
| MLS® Number | E11911391 |
| Property Type | Retail |
| Community Name | South Riverdale |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 8,106 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 146 Ft ,3 In |
| Size Frontage | 30 Ft |
| Size Irregular | 30 X 146.32 Ft |
| Size Total Text | 30 X 146.32 Ft |
| Zoning Description | Cr2.5 (c2;r2*2294) |
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May 01 2025 03:04:10
Toronto Regional Real Estate Board
RE/MAX Hallmark Realty Ltd.