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701 Queen Street E
South Riverdale
Toronto
M4M 1G6
$4,950,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- E11911391
- Photos (4)
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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.
- Property Type:
- Commercial
- Property Sub Type:
- Store W Apt/Office
- Freestanding:
- No
- Total Area:
- 8106 sq. ft. Square Feet
- Total Area:
- 8,106 sq. ft.753 m2
- Retail Area:
- 4104 sq. ft. Sq Ft
- Office/Apt Area:
- 4006 sq. ft. Sq Ft
- Depth:
- 146'4"44.6 m
- Frontage:
- 30'9.14 m
- Lot Shape:
- Rectangular
- Water supply:
- Municipal
- Soil Test:
- No
- Zoning:
- CR2.5 (C2;R2*2294)
- Heating type:
- Gas Forced Air Closed
- Survey Available:
- No
- Garage:
- None
- Parking Spaces:
- 0
- Trailer Parking Spots:
- 0
- Possession Details:
- TBD
- HST Applicable To Sale Price:
- Yes
- Type Taxes:
- Annual
- Taxes:
- $23,527 / 2024
- Assessment:
- $- / -
- Toronto E01
- South Riverdale
- Toronto
- Partial
- None
- Utilities:
- Available
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Financial Statements:
- No
- Gross income:
- $229,393
- Net Income Before Debt:
- $181,251
- Expenses Actual/Estimated:
- Estimated
- Hydro Expenses:
- $1,000
- Insurance Expenses:
- $14,200
- Tax Expenses:
- $23,527
- Operating Expenses:
- $47,142
- Water Expenses:
- $6,600
- Year Expenses:
- 2024
- Category:
- Store With Apt/Office
- Franchise:
- No
- Chattels:
- Yes
- Date Listed:
- Jan 07, 2025
- Original Price:
- $5,950,000
- Previous Price:
- $5,950,000
Larger map options:
Listed by RE/MAX HALLMARK REALTY LTD.
Data was last updated May 18, 2025 at 02:15 PM (UTC)
- Jeff Cook
- 1-888-478-8797
- Contact by Email
The enclosed information while deemed to be correct, is not guaranteed.
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