Toronto (The Beaches), ON
1985 QUEEN STREET E
$2,588,000
Listed by
KELLER WILLIAMS REFERRED URBAN REALTY
BELLA LEE, Broker
Data last updated Oct 20, 2026, 10:40 p.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $2,588,000
- Type
- retail
- Bedrooms
- 0
- Bathrooms
- 3
- Size
- 3,600 sq ft
- MLS®
- E13636296
- Status
- active
- Brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
About this home
Description provided by the listing brokerage
***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.