18
$2,750,000 Sale
Listed 118 days ago
894 Queen Street E
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Listing History
Buy/Sell/Terminated/Expired listing history for 894 Queen Street E
Key Facts
Key facts for 894 Queen Street E
Property Type
Commercial
Parking
None
MLS #
E13533226
Size
-
Basement
-
Listed on
2026-07-06
Lot size
21 x 100.0
Tax
$22,358.29 /yr
Days on Market
119
Approximate Age
-
Maintenance Fee
-
Description
GREAT INVESTMENT. Positioned in the heart of trendy, high-traffic Leslieville, this meticulously maintained mixed-use property represents a turnkey investment with a great Net Operating Income and future development intensification upside. The column-free, street-level commercial space features a p...rominent Queen Street East frontage with high pedestrian visibility, currently occupied by a well-established anchor restaurant with a secure, long-term lease. Above, two expansive, full-floor walk-up residential apartments boast bright layouts, high ceilings, and significant rental upside-ideal for premium market-rent leasing or a sophisticated owner-occupier suite. The building has been flawlessly upkept by the current owner with extensive, high-ticket capital improvements, including a complete roof replacement new skylights (May 2023), a new A/C (August 2023), and a new boiler installed (September 2024). Featuring a highly coveted rear lane access for convenient loading and parking, this property is entirely worry-free. Situated steps from Jimmie Simpson Park and the upcoming Ontario Line transit hub, this versatile asset combines immediate cash flow from premier local tenancy with long-term capital appreciation in Toronto's most sought-after east-end commercial corridor. A brochure with financial information about this Listing is available.
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Courtesy of: ROYAL LEPAGE TERREQUITY REALTY