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$2,588,000
Ontario,Toronto (The Beaches)
For Sale Active
1985 QUEEN STREET E, Toronto (The Beaches), Ontario M4L1J1
  • 3
  • 3,600 Sqft
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Basic Details
Description

***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:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: E13636296
  • Price: $2,588,000
  • Bathrooms: 3
  • Square Footage: 3,600 Sqft
  • Status: Active
  • Office Name: KELLER WILLIAMS REFERRED URBAN REALTY
  • Property Sub Type: Retail
  • Office Key: 272692
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Toronto (The Beaches), M4L1J1
  • Street: Queen
  • Street Number: 1985
  • Street Suffix: Street
  • Longitude: W80° 41' 59.4''
  • Latitude: N43° 40' 11.1''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Lot Size Dimensions: 25 x 125 FT
Financial
  • Tax Annual Amount: 29383.01
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Listing updated: 2026-08-17 11:45:21
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Listing Information
  • List Agent Key: 1421192
  • List Office Key: 272692
  • Modification Timestamp: 2026-08-04T20:05:34Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-08-04T19:56:19Z
Powered by REALTOR.ca
Listing updated: 2026-08-17 11:45:22
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