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$2,750,000
Ontario,Toronto (South Riverdale)
For Sale Active
894 QUEEN STREET E, Toronto (South Riverdale), Ontario M4M1J3
  • 4,230 Sqft
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Basic Details
Description

Positioned in the heart of trendy, high-traffic Leslieville, this meticulously maintained mixed-use property represents a turnkey investment with a great Net Operating Income and future development intensification upside. The column-free, street-level commercial space features a prominent Queen Street East frontage with high pedestrian visibility, currently occupied by a well-established anchor restaurant with a secure, long-term lease. Above, two expansive, full-floor

walk-up residential apartments boast bright layouts, high ceilings, and significant rental upside-ideal for premium market-rent leasing or a sophisticated owner-occupier suite. The building has been flawlessly upkept by the current owner with extensive, high-ticket capital improvements, including a complete roof replacement new skylights (May 2023), a new A/C (August 2023), and a new boiler installed (September 2024). Featuring a highly coveted rear lane access for convenient loading and parking, this property is entirely worry-free. Situated steps from Jimmie Simpson Park and the upcoming Ontario Line transit hub, this versatile asset combines immediate cash flow from premier local tenancy with long-term capital appreciation in Toronto’s most sought-after east-end commercial corridor. A brochure with financial information about this Listing is available. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: E13533226
  • Price: $2,750,000
  • Square Footage: 4,230 Sqft
  • Status: Active
  • Office Name: ROYAL LEPAGE TERREQUITY REALTY
  • Property Sub Type: Retail
  • Office Key: 289714
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Toronto (South Riverdale), M4M1J3
  • Street: Queen
  • Street Number: 894
  • Street Suffix: Street
  • Longitude: W80° 39' 24.8''
  • Latitude: N43° 39' 38''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Lot Size Dimensions: Bldg=20.5 x 100 FT
Financial
  • Tax Annual Amount: 22358.29
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Listing updated: 2026-08-03 09:35:03
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Listing Information
  • List Agent Key: 1596135
  • List Office Key: 289714
  • Modification Timestamp: 2026-07-16T16:10:06Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-07-16T16:02:38Z
Powered by REALTOR.ca
Listing updated: 2026-08-03 09:35:04
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