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3 Baths
3,600 sqft

C$2,588,000

1985 QUEEN STREET E, Toronto (The Beaches) Ontario, M4L1J1

Price per sqftC$718.89
Property size3,600 sqft
Property typeCommercial
Courtesy of BELLA LEE with KELLER WILLIAMS REFERRED URBAN REALTY

Overview

Active

Listed Aug 4, 2026

Updated Aug 19

***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. (id:41202)

Additional information

MLS® ID
E13636296

Interior Features

Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Courtesy of BELLA LEE with KELLER WILLIAMS REFERRED URBAN REALTY

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