1985 Queen Street East, Toronto | Image 1

1985 Queen Street East

Toronto, The Beaches

  • Commercial

$2,500,000
For Sale

Added 2 weeks ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: COMMERCIAL MIXED

  • Age: No Data

  • Taxes: 27963.69

  • MLS®#: E8209512

  • Days on Site: 2 Days

  • Added: Apr 05, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: ENVOY CAPITOL REALTY INC.

Looking for a great Investment Property in The Beaches? This is your Opportunity! Freestanding building with Store Front in main level & 2 large and modern Apartments (2 beds, 1 bath each) in upper level. Each Apartment features large eat-in kitchen with modern appliances, stone countertop, abundance of natural lights with skylights, spacious bedrooms, updated bathroom, and In-suite laundry. Fantastic backyard with walk-out deck, open up to beautiful KEW Gardens with children playground, wading pool & tranquil board walk along the Beach. Enjoy immediate rental income with existing commercial tenant, and perfect diversification with potential residential income; or live in the upstairs apartments yourself and enjoy Cottage life in the heart of Toronto. Amazing location, highly demanded area for both commercial & residential use. Perfect walk-score, high store front visibility and great pedestrian traffic on Queen St. East, super convenient with public transit at door steps, groceries, restaurants, schools, place of wordship, banks, shops etc. A MUST SEE!

Extras

All existing kitchen appliances, light fixtures, window coverings, 2 sets of washer & dryer

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Area: Toronto

  • Community: The Beaches

  • Availability Date: Flexible

Inside

  • Bathrooms: 3

  • Air Conditioning: Y

  • Washrooms: 3

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT U PL 90 CITY EAST AS IN CT966679; CITY OF TORONTO

  • Taxes: $27,964

  • Taxes Type: Annual

Land

  • Cross Street: Queen St. East & Woo

  • Municipality District: Toronto E02

  • Parcel Number: 213890186

  • Sewer: San+Storm

  • Lot Depth: 125 Feet

  • Lot Frontage: 25 Feet

  • Zoning: COMMERCIAL MIXED

Commercial Specific

  • Retail Area: 1800

  • Retail Area Metric: Sq Ft

  • Total Area: 3600

  • Total Area Metric: Sq Ft

  • Office Size: 1800

  • Office Size Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Lot Code: Lot

JK-6

Norway Junior Public School

Elementary: Public
0.90 km
JK-8

St Denis Catholic School

Elementary: Catholic
0.90 km
JK-8

St John Catholic School

Elementary: Catholic
1.26 km
7-8

Glen Ames Senior Public School

Elementary: Public
0.52 km
JK-6

Kew Beach Junior Public School

Elementary: Public
0.25 km
JK-6

Williamson Road Junior Public School

Elementary: Public
0.56 km
9-12

Greenwood Secondary School

Secondary: Public
2.74 km
9-12

Notre Dame Catholic High School

Secondary: Catholic
1.37 km
9-12

St Patrick Catholic Secondary School

Secondary: Catholic
2.46 km
Pre-Grade 9-12

Monarch Park Collegiate Institute

Secondary: Public
2.14 km
9-12

Neil McNeil High School

Secondary: Catholic
1.72 km
9-12

Malvern Collegiate Institute

Secondary: Public
1.57 km
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