2402-06 Queen Street East, Toronto | Image 1

2402-06 Queen Street East

Toronto, Birchcliffe-Cliffside

  • Commercial

$XX,XXX,XXX
For Sale

Added 3 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-Over 20 Units

  • Zoning: By-Law 8786 FZ -

  • Age: 51-99 years

  • Taxes: 106502.64

  • MLS®#: E9264569

  • Days on Site: 117 Days

  • Added: Aug 21, 2024 (3 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: CBRE LIMITED

Three 4-storey apartment buildings comprising 54 units in one of Toronto's most coveted neighbourhoods, The Beaches. Steps from vibrant greenspace, beaches and retail storefronts. Originally built in the 1930s, the Property has undergone significant renovations and upgrades with $1.9M spent during ownership and 74% of units renovated. 0.5-acre site area. 617SF average unit size. ~30% market rent upside. Limited near term cap-ex.

Property

  • Status: Sale

  • Type: Apts-Over 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 51-99

  • Area: Toronto

  • Community: Birchcliffe-Cliffside

  • Availability Date: TBD

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Baseboard

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: Covered

  • Covered Parking Spaces: 21

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 9 BLK D PL 619 SCARBOROUGH; PT LT 7 BLK D PL 619 SCARBOROUGH;

  • Taxes: $106,503

  • Taxes Type: Annual

Land

  • Cross Street: Queen Street East &

  • Municipality District: Toronto E06

  • Parcel Number: 064720157

  • Lot Depth: 186 Feet

  • Lot Frontage: 133 Feet

  • Lot Irregularities: Yes

  • Zoning: By-Law 8786 FZ -

Commercial Specific

  • Sprinklers: Y

  • Total Area: 33311

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Financial Statement: N

Map of 2402-06 Queen Street East, Toronto
7-8

Collège français élémentaire

Elementary: Public
1.03 km
JK-6

Downtown Alternative School

Elementary: Public
0.86 km
JK-8

St Michael Catholic School

Elementary: Catholic
0.89 km
1-8

St Michael's Choir (Jr) School

Elementary: Catholic
0.27 km
JK-6

École élémentaire Gabrielle-Roy

Elementary: Public
0.65 km
JK-6

Church Street Junior Public School

Elementary: Public
1.19 km
9-12

Native Learning Centre

Secondary: Public
1.19 km
9-12

St Michael's Choir (Sr) School

Secondary: Catholic
0.25 km
9-12

Contact Alternative School

Secondary: Public
0.97 km
9-12

Collège français secondaire

Secondary: Public
1.08 km
9-12

Jarvis Collegiate Institute

Secondary: Public
1.42 km
9-12

St Joseph's College School

Secondary: Catholic
1.50 km
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