701 Queen Street, Toronto, ON M4M 1G6

Toronto E01 M4M 1G6 Ontario

MLS: E11911391

$5,950,000

Added 72 days ago | For Sale

Listed by: RE/MAX HALLMARK REALTY LTD.

About Property

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.

Features

  • House Style:Store W Apt/Office
  • Bathrooms:
  • Land Size: 30 X 146.32
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Queen St E and Broadview Ave
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $23527
  • Bedrooms:
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:E11911391

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