1572 Queen Street E, Toronto, Ontario M4L 1E9

Listed for:
$1,599,000
2 beds
2 baths
Listed 16 days ago
Residential Commercial Mix for rent: 1572 Queen Street E, Toronto, Ontario M4L 1E9

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About

Queen and Coxwell Ideally located between Toronto's vibrant Beaches neighbourhood and sought-after Leslieville, this mixed-use investment property offers an exceptional opportunity for investors and end-users alike. Situated on a 16.9 x 95 ft North Side Corner lot with rear laneway access, the property features a renovated main floor commercial space plus two bedroom residential apartment above, creating multiple income streams in a highly desirable east-end location. The main floor and full-height basement are leased to tenant occupying approximately 930 sq. ft. on the main level plus an additional 900 sq. ft. basement area. The commercial space has been renovated in recent years and benefits from excellent street exposure. Additional highlights include: A residential 2 bedroom apartment on the second floor providing supplementary rental income. Full-height basement with functional usable space. Rear laneway access. Annual property taxes of approximately $14,601.83. Annual insurance costs of approximately $4,866.67. Positioned in one of Toronto's strongest urban corridors, surrounded by thriving retail, restaurants, transit, and established residential communities, this is a rare opportunity to acquire a versatile income-producing property in a prime location with long-term upside potential. (id:27476)

Property Highlights

MLS® Number
E13779822
Type
Single Family
Community Name
Greenwood-Coxwell
Land Size
16.91 x 95 FT
Parking Space Total
2

Building

Building Type
Residential Commercial Mix
Storeys
2.00
Bathrooms Total
2
Bedrooms Above Ground
2
Bedrooms Total
2
Amenities
Beach, Park, Place of Worship, Public Transit, Schools
Exterior Finish
Brick
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
SUTTON GROUP-ADMIRAL REALTY INC.
MLS® number:
E13779822
Agent:
Adam Wolman
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Street Spotlight - For sale