***WOW***Incredible opportunity on one of the most talked about and lively neighbourhoods of Toronto. This high-visibility, freehold mixed-use asset on Queen Street East features an established ground-floor commercial tenant and two 2-bedroom turnkey residential units, offering immediate income with high-yield potential. Located in Prime Beach, the property provides a unique combination of premium, updated residential suites and direct access to Kew Gardens, suitable for investors seeking strong cap rates or an owner-user live-work opportunity.The two upper-level two-bedroom apartments feature modern finishes, stone countertops, bright skylights, and in-suite laundry, ensuring a competitive advantage in Toronto's high-demand rental market. Combined with a perfect walk score, heavy pedestrian traffic, and immediate transit access, this property offers a rare combination of immediate commercial cash flow, residential upside, and premium real estate positioning. (id:4555)
PROPERTY SPECS
Price $2,588,000
City Toronto, Ontario
Bath 3 Full
Address 1985 Queen Street
Listing ID E13636296
Style Residential Commercial Mix
Type Industrial/Commercial
Status For Sale
EXTENDED FEATURES
SubtypeRetailOwnershipFreeholdHeating / CoolingForced air, Natural gas