Queen Street East is one of Toronto's most established mixed-use corridors.
Property Information
NEIGBHOURHOOD
South Riverdale
PROPERTY TYPE
Mixed-Use Retail and Residential
SQFT
8,106
TAXES/YEAR
$22,441 / 2026
BEDROOMS
BATHROOMS
OTHERS
- One established hospitality tenant and four residential units. 100% occupied.
- Commercial base rent increases annually throughout the lease term, providing built-in income growth.
- Income from both commercial and residential tenants, reducing reliance on a single income source.
701 Queen Street East is a fully leased mixed-use asset comprising a ground-floor commercial space and four residential units above. The property offers more than 8,000 square feet above grade on a 30 x 136 ft lot, a scale that is increasingly difficult to replicate along the Queen Street East corridor. Its combination of commercial and residential space provides flexibility within a highly sought-after urban location.
Riverside/South Riverdale sits 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.
701 Queen Street East generates stable cash flow supported by contractual commercial rent escalations and diversified residential income, providing both immediate income and built-in growth over time.
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