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MLS® E13636296
The Beaches, Toronto, ON
***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.
Exclusions
Excluding all commercial tenant's equipment & belongings
Broker
KELLER WILLIAMS REFERRED URBAN REALTY
Neighbourhood
The Beaches
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Store W Apt/Office
1985 Queen Street E Toronto
The Beaches
Type
Store W Apt/Office
Parking
None
Property Tax
~$29,383/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
3600 sqft
Parking
None
Finances
List Price
$2,588,000
Price per SQFT
$719/sqft
Property Tax
~$29,383/yr
Property Specs
Property Type
Store W Apt/Office
MLS Size
3600 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
The Beaches
Listed On
Aug 4, 2026
Public Transit
Recreation/Community Centre
Days on Market
Current: 94 days
Room information is not available for this listing.
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