1042 Queen Street East, Toronto | Image 1

1042 Queen Street East

Toronto, South Riverdale

  • Commercial

$4,700,000
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: CR2.5 (c1;r2*222

  • Age: 51-99 years

  • Taxes: 83683

  • MLS®#: E11996512

  • Added: Mar 03, 2025 (1 week ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: COLLIERS

Opportunity for retail users and investors to acquire an existing restaurant building in the heart of Leslieville. In 2019, the property underwent a full renovation, including structural footings, modernization of the electrical system, a new roof, HVAC, and plumbing. The property features a brewery, a freight elevator, a green roof, a kitchen, a retail lobby, and a restaurant with seating for 130 guests. The Property benefits from an additional 45 seats with the summer CafeTO patio. Beautifully constructed with ample natural light, the property benefits from 56 feet of frontage on Queen Street East and a lot size of 6,534 SF.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Retail

  • Age: 51-99

  • Area: Toronto

  • Community: South Riverdale

  • Availability Date: TBD

Inside

  • Bathrooms: 8

  • Air Conditioning: Y

  • Washrooms: 8

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: Freight

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

  • Volts: 208

  • Amps: 600

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 7 PL 519 TORONTO; PT LT 8 PL 519 TORONTO AS IN CT638959; CITY

  • Taxes: $83,683

  • Taxes Type: Annual

Land

  • Cross Street: Queen St E & Carlaw

  • Municipality District: Toronto E01

  • Parcel Number: 210580392

  • Sewer: San+Storm Avail

  • Lot Depth: 120 Feet

  • Lot Frontage: 56 Feet

  • Zoning: CR2.5 (c1;r2*222

Commercial Specific

  • Rail: N

  • Retail Area: 8710

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 8710

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

  • Survey: Y

Map of 1042 Queen Street East, Toronto
7-8

East Alternative School of Toronto

Elementary: Public
1.13 km
JK-8

Bruce Public School

Elementary: Public
0.39 km
JK-8

St Joseph Catholic School

Elementary: Catholic
0.72 km
JK-6

Leslieville Junior Public School

Elementary: Public
0.78 km
JK-6

Pape Avenue Junior Public School

Elementary: Public
1.03 km
JK-6

Morse Street Junior Public School

Elementary: Public
0.22 km
9-12

First Nations School of Toronto

Secondary: Public
1.95 km
9-12

SEED Alternative

Secondary: Public
0.97 km
9-12

Eastdale Collegiate Institute

Secondary: Public
0.98 km
9-12

Subway Academy I

Secondary: Public
1.95 km
9-12

St Patrick Catholic Secondary School

Secondary: Catholic
2.04 km
9-12

Riverdale Collegiate Institute

Secondary: Public
0.97 km
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