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. **EXTRAS** All residential units and the retail space are leased.
Address
701 Queen Street E
List Price
$4,300,000
MLS® Status
Price Change
Expiration Date
2027-01-06
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
For Sale
Area
Toronto E01
Sub-Area
South Riverdale
Region
Toronto
Lot Size Source
GeoWarehouse
Lot Depth
146.32
Lot Shape
Rectangular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
30
Total Building Area
8106
Occupant Type
Tenant
Cross Street
Queen St E and Broadview Ave
MLS® Number
E11911391
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Basement
Yes
Postal Code
M4M 1G6
Posession Details
TBD
Tax Amount
$23,527.00
Tax Year
2024
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
None
Security Features
Partial