701 Queen Street E, Toronto, ON M4M 1G6, Toronto E01, ON
8106.0 sqft
100% occupied mixed-use investment at 701 Queen Street East - one of Toronto's most active commercial corridors. The property generates income across two secured income streams: a 5-year commercial lease anchoring the ground floor and 4 residential units above. **The commercial tenant - an established hospitality operator - occupies 4,031 sq ft of main floor retail plus 593 sq ft of basement. Base rent escalates annually. **The second floor delivers 4,006 sq ft across four fully leased residential units - 3 studios and 1 one-bedroom suite. All four units are tenanted. **Building: 8,135 sq ft above grade on a 30 x 136.42 ft lot. Price per sq ft: $493 including basement. Laneway access to rear. **Location: At the intersection of established demand and accelerating growth. Queen Street East is one of Toronto's most established mixed-use corridors, supporting a diverse mix of retail, hospitality, and residential uses. With the future Ontario Line Leslieville Station steps away and East Harbour emerging as a major employment hub nearby, 701 Queen Street East is well positioned to benefit from significant transit and employment growth.The 501 Queen streetcar serves the property directly on the TTC 10-Minute Network. The DVP is less than 1 km east, offering convenient access to the broader highway network.. Riverside is home to a diverse mix of restaurants, cafés, boutiques, and independent retailers, supporting consistent commercial activity and long-term tenant demand.
Property Highlights
For Sale
MLS NO.
E11911391
Type
Commercial
Sub Type
Store W Apt/Office
Square Footage
8106.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Store W Apt/Office
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
E11911391
Security Features
Partial
Lot Width
30.0
Garage Type
None
Cooling
Yes
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
701 Queen Street E, Toronto, ON M4M 1G6
City
Toronto E01
Neighbourhood
South Riverdale
County / Region
Toronto
Province / State
ON
Postal Code
M4M 1G6
Cross Street
Queen St E and Broadview Ave
Country
CA
List Price
$4,300,000
Annual Taxes
$23,527
Tax Year
2024
Possession Details
TBD
Listing Office
RE/MAX HALLMARK REALTY LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2025-01-07T18:32:36Z
Media Updated
2026-07-08T20:22:53Z
Photos Updated
2026-07-08T20:17:46Z
Last Modified
2026-07-08T20:23:55Z
System Modified
2026-07-08T20:23:55.868907Z
MLS Status
Price Change
Basement Yn
Yes
Co List Office Name
RE/MAX HALLMARK REALTY LTD.
Ddfyn
Yes
Expiration Date
2027-01-06
Heat Type Multi
Gas Forced Air Closed
Hstapplication
Yes
Occupant Type
Tenant
Originating System Id
A00001796
Parking Spaces
0
Public Remarks
100% occupied mixed-use investment at 701 Queen Street East - one of Toronto's most active commercial corridors. The property generates income across two secured income streams: a 5-year commercial lease anchoring the ground floor and 4 residential units above. **The commercial tenant - an established hospitality operator - occupies 4,031 sq ft of main floor retail plus 593 sq ft of basement. Base rent escalates annually. **The second floor delivers 4,006 sq ft across four fully leased residential units - 3 studios and 1 one-bedroom suite. All four units are tenanted. **Building: 8,135 sq ft above grade on a 30 x 136.42 ft lot. Price per sq ft: $493 including basement. Laneway access to rear. **Location: At the intersection of established demand and accelerating growth. Queen Street East is one of Toronto's most established mixed-use corridors, supporting a diverse mix of retail, hospitality, and residential uses. With the future Ontario Line Leslieville Station steps away and East Harbour emerging as a major employment hub nearby, 701 Queen Street East is well positioned to benefit from significant transit and employment growth.The 501 Queen streetcar serves the property directly on the TTC 10-Minute Network. The DVP is less than 1 km east, offering convenient access to the broader highway network.. Riverside is home to a diverse mix of restaurants, cafés, boutiques, and independent retailers, supporting consistent commercial activity and long-term tenant demand.
