Toronto (South Riverdale), ON
701 QUEEN STREET E
$4,300,000
Listed by
RE/MAX HALLMARK REALTY LTD.
CLAUDIA PATRICIA PARDO RANGEL, Broker
Data last updated Oct 21, 2026, 4:30 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $4,300,000
- Type
- retail
- Bedrooms
- 0
- Bathrooms
- 0
- Size
- 8,106 sq ft
- MLS®
- E11911391
- Status
- active
- Brokerage
- RE/MAX HALLMARK REALTY LTD.
About this home
Description provided by the listing brokerage
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.