1938-1940 Queen St E - Storefront Retail/Residential FOR SALE


Toronto, ON M4L 1H6- The Beaches
$1,490,000 CAD
416-822-4002
1938-1940 Queen St E, Toronto, ON for Sale
$1,490,000 CAD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

1938-1940 Queen St E
Toronto, ON M4L 1H6
The Beaches


OVERVIEW

Strategically positioned in the heart of Toronto’s vibrant Beaches neighbourhood, this mixed-use commercial property offers exceptional visibility and foot traffic. Located directly on Queen Street East, the site benefits from immediate access to TTC streetcar service, ensuring seamless connectivity across the city. Surrounded by a dynamic mix of trendy restaurants, boutique retailers, and entertainment venues, the property is steps from Woodbine Beach and lush public parks, making it an ideal location for businesses seeking both exposure and lifestyle appeal. With a lot size of 15.81 x 123 feet and 1,863 square feet of fully air-conditioned space, the building is zoned for commercial mixed-use, offering flexibility for a variety of retail or professional uses. Annual property taxes are approximately $19,679, and the site is serviced by municipal water and natural gas heating. This is a rare opportunity to acquire a property in one of Toronto’s most desirable retail corridors—perfect for investors or end-users looking to capitalize on the area’s continued growth and popularity.

FOR SALE DETAILS

PRICE

$1,490,000 CAD

PRICE/SF

$573 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1903

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

-

APN/PARCEL ID

190409303012800

ASK ABOUT THIS PROPERTY

Michael HimelCityspace | a division of PSR BrokerageMore Info
416-822-4002

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Michael HimelCityspace | a division of PSR BrokerageMore Info
416-822-4002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.