701 Queen Street E Toronto, Ontario M4M 1G6
$5,950,000
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:50886)
Property Details
| MLS® Number | E11911391 |
| Property Type | Retail |
| Community Name | South Riverdale |
Building
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 8106 Sqft |
| Type | Residential Commercial Mix |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 146 Ft ,3 In |
| SizeFrontage | 30 Ft |
| SizeIrregular | 30 X 146.32 Ft |
| SizeTotalText | 30 X 146.32 Ft |
| ZoningDescription | Cr2.5 (c2;r2*2294) |
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Contact us for more information
Claudia Patricia Pardo Rangel
Salesperson
785 Queen St East
Toronto, Ontario M4M 1H5
Jose Castillo Matos
Salesperson
785 Queen St East
Toronto, Ontario M4M 1H5
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January 07 2025 07:34:47
Toronto Real Estate Board
RE/MAX Hallmark Realty Ltd.