For Sale

1985 Queen Street E

The Beaches, Toronto E02, ON, M4L 1J1

$2,588,000

Bedrooms0
Bathrooms3
Property typeCommercial
Approx. sizelarge
Lot25 × 125 Feet
Taxes$29,383 (2026)

About this property

***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.

Features

  • Public Transit
  • Recreation/Community Centre

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Estimates only, for information purposes. Calculations assume a fixed rate compounded semi-annually and do not include property taxes, condo fees, insurance or closing costs. Actual rates, payments, insurance premiums and eligibility are set by your lender; consult a licensed mortgage professional.

Listing information

Listing brokerage: KELLER WILLIAMS REFERRED URBAN REALTY

Listing information is provided under licence from the listing brokerage and the applicable real estate board and is deemed reliable but not guaranteed.

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