701 Queen Street E, Toronto - $4,300,000 | Modern Solution Realty

701 Queen Street E

701 Queen Street E, Toronto

701 Queen Street E in Toronto - 0 bedroom, 0 bathroom. Listed at $4,300,000.

100% occupied mixed-use investment at 701 Queen Street East - one of Toronto's most active commercial corridors. The property generates income across two secured income streams: a 5-year commercial lease anchoring the ground floor and 4 residential units above. **The commercial tenant - an established hospitality operator - occupies 4,031 sq ft of main floor retail plus 593 sq ft of basement. Base rent escalates annually. **The second floor delivers 4,006 sq ft across four fully leased residential units - 3 studios and 1 one-bedroom suite. All four units are tenanted. **Building: 8,135 sq ft above grade on a 30 x 136.42 ft lot. Price per sq ft: $493 including basement. Laneway access to rear. **Location: 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.The 501 Queen streetcar serves the property directly on the TTC 10-Minute Network. The DVP is less than 1 km east, offering convenient access to the broader highway network.. Riverside is home to a diverse mix of restaurants, cafés, boutiques, and independent retailers, supporting consistent commercial activity and long-term tenant demand.

Property Details

  • Property Type: Mortgage
  • Square Footage: 8106 sqft
  • Heating: Gas Forced Air Closed
  • Cooling: Yes
  • Parking: 0 space
  • Property Taxes: $23,527/yr
  • Neighbourhood: South Riverdale
  • Postal Code: M4M 1G6

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