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 establish...ed 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.
Full Property Details
General
Business Type
-
Retail Area
4104.00 Sq Ft
Office Area
4006.00 Sq Ft
Total Area
8106.00 Square Feet
Sprinklers
Partial
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
-
Retail Area
4104.00 Sq Ft
Office Area
4006.00 Sq Ft
Total Area
8106.00 Square Feet
Sprinklers
Partial
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Gas Forced Air Closed
Air Conditioning
Yes
Washrooms
0
Heating Fuel
Gas Forced Air Closed
Air Conditioning
Yes
Exterior
Depth
146.32
Front
30.0
Lot Size
30 x 146.32 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
CR2.5 (C2;R2*2294)
Depth
146.32
Front
30.0
Lot Size
30 x 146.32 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
CR2.5 (C2;R2*2294)
Building Description
Home Type
Commercial
Subtype
Store W Apt/Office
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Store W Apt/Office
Water Supply
Municipal
Possession Date
No Data
Community
Community
South Riverdale
Community
South Riverdale
Taxes & Fees
Taxes
$23,527 /yr
Tax Year
2024
Occupancy
Tenant
Taxes
$23,527 /yr
Tax Year
2024
Occupancy
Tenant
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