4
701 Queen Street E
$4,950,000 Sale
Listed 222 days ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 701 Queen Street E
Key Facts
Key facts for 701 Queen Street E
Property Type
Commercial
Parking
None
MLS #
E11911391
Size
-
Basement
-
Listed on
2025-01-06
Lot size
30 x 146.32
Tax
$23,527 /yr
Days on Market
225
Approximate Age
-
Maintenance Fee
-
Description
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.
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Courtesy of: RE/MAX HALLMARK REALTY LTD.