894 Queen Street E

GREAT INVESTMENT. 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.

• Lot Frontage: 20.5 Feet
• Lot Depth: 100 Feet
• Floor Space (approx): 2030 Square Feet
• Annual Tax Amount: $22,358
• Cooling: Yes
• Garage Type: None
• Heat Type: Gas Forced Air Closed
• Property Use: Store With Apt/Office
• Security Features:
• Utilities: Yes
• Water: Municipal
• Lot Frontage 20.5 FEET
• Lot Depth 100 FEET
• Floor Space 2030 FEETSQ
• Annual Tax Amount $22,358