701 Queen St E - Storefront FOR SALE


Toronto, ON M4M 1G6- Riverdale
$4,300,000 CAD
416-465-7850
701 Queen St E, Toronto, ON for Sale
$4,300,000 CAD
Storefront - FOR SALE
1/3
null | Request Cap Rate

701 Queen St E
Toronto, ON M4M 1G6
Riverdale


HIGHLIGHTS

  • Laneway access to rear
  • Close to public transportation
  • Property is ideally situated in a high-traffic area
  • Located near a diverse mix of tenants

OVERVIEW

Prime mixed-use commercial property located on vibrant Queen St E in South Riverdale, offering anexceptional investment opportunity. This 8,000+ sq. ft.-above-ground building features a successful pub occupying the retail space on the main floor, complete with an additional 593 sq ft basement space for storage or operations.The second floor houses four residential units: 3 studio/bachelor apartments and 1 one-bedroom unit, providing steady rental income. The property is ideally situated in a high-traffic area, close to public transportation, bike lanes, and local amenities, ensuring consistent foot traffic and tenant demand. South Riverdale is a thriving neighbourhood known for its eclectic mix of shops, restaurants, and services, attracting both locals and visitors. This property offers significant income potential with its strong commercial tenant and desirable residential units. Whether you're an investor or owner-operator, this property combines location, versatility, and steady cash flow. All residential units and the retail space are leased.

FOR SALE DETAILS

PRICE

$4,300,000 CAD

PRICE/SF

$529 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1895

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

CR

APN/PARCEL ID

CUSTOM-4713751

ASK ABOUT THIS PROPERTY

Jose CastilloRe/Max Hallmark Realty Ltd, BrokerageMore Info
416-465-7850

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

Jose CastilloRe/Max Hallmark Realty Ltd, BrokerageMore Info
416-465-7850

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