179 Queen Street East, Toronto | Image 1

179 Queen Street East

Toronto, Moss Park

  • Commercial

$1,999,000
For Sale

Added 1 week ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: Cr4.5(C2.0 R4.0)

  • Age: 100+ years

  • Taxes: 10450

  • MLS®#: C10418082

  • Days on Site: 1 Days

  • Added: Nov 10, 2024 (1 week ago)

  • Updated:

  • Last Checked: 6 hours ago

  • Listed By: BOSLEY REAL ESTATE LTD.

Prime investment opportunity at 179 Queen St E! Secure income stream with a 9-YEAR commercial lease in place, plus flexibility to rent or occupy the vacant upper apartments to suit your needs. Ideally located across from the future Ontario Line and a park, this fully renovated property has undergone extensive upgrades: new electrical, plumbing, raised ceiling height in the basement, nearly doubling the usable commercial space, along with new flooring, stairs, kitchen, and laundry. The 3rd and 4th-floor, 2-bedroom/1-bath apartment has 10-foot high ceilings and a rooftop terrace with city views that truly impress. The 2nd-floor apartment is a 1-bed,1-bath with 9-foot ceilings and 100% newly renovated. Perfect for both investors and residential users who want to enjoy the income benefits of the main floor lease while making the upper levels their own.

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Age: 100+

  • Area: Toronto

  • Community: Moss Park

  • Availability Date: Immediate

Inside

  • Bathrooms: 4

  • Air Conditioning: N

  • Washrooms: 4

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Baseboard

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Lane

  • Covered Parking Spaces: 1

Fees

  • Tax Year: 2024

  • Taxes: $10,450

  • Taxes Type: Annual

Land

  • Cross Street: Queen And Jarvis

  • Municipality District: Toronto C08

  • Lot Depth: 70 Feet

  • Lot Frontage: 13 Feet

  • Zoning: Cr4.5(C2.0 R4.0)

Commercial Specific

  • Rail: N

  • Retail Area: 686

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 2230

  • Total Area Metric: Sq Ft

  • Office Size: 1580

  • Office Size Metric: Sq Ft

  • Lot Code: Lot

Map of 179 Queen Street East, Toronto
JK-6

Downtown Alternative School

Elementary: Public
0.70 km
JK-8

St Michael Catholic School

Elementary: Catholic
0.69 km
1-8

St Michael's Choir (Jr) School

Elementary: Catholic
0.51 km
JK-6

École élémentaire Gabrielle-Roy

Elementary: Public
0.30 km
JK-8

Market Lane Junior and Senior Public School

Elementary: Public
0.72 km
JK-8

Lord Dufferin Junior and Senior Public School

Elementary: Public
0.84 km
9-12

Msgr Fraser College (St. Martin Campus)

Secondary: Catholic
1.61 km
9-12

Native Learning Centre

Secondary: Public
1.24 km
9-12

Inglenook Community School

Secondary: Public
0.98 km
9-12

St Michael's Choir (Sr) School

Secondary: Catholic
0.53 km
9-12

Collège français secondaire

Secondary: Public
1.07 km
9-12

Jarvis Collegiate Institute

Secondary: Public
1.38 km
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