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$ 2,250,000
Est. payment | /mo
2,842 SqFt
$ 2,250,000
Est. payment | /mo
2,842 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,842 sqft
Price per Sqft $791
Subdivision South Riverdale
MLS Listing ID E12392741
Annual Tax Amount $22,085
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Rare opportunity to acquire a fully upgraded, income-generating mixed-use asset in the heart of Riverside - one of Toronto's most dynamic and evolving neighbourhoods. Situated just east of Broadview Avenue, 732 Queen St E offers unbeatable access to 24-hour streetcar service, the forthcoming East Harbour transit hub, and a vibrant mix of local retail, dining, and lifestyle amenities. The building totals 2,842 SF across commercial and residential uses, offering a stable, diversified income stream. The ground floor features a well-established retail tenant on along-term lease, while the upper-level residential units have been modernized to appeal to strong tenant demand, with in-suite laundry and turnover-driven rent upside potential. Extensive capital improvements have been completed throughout, including individual HVAC systems with tankless combo units, and separate metering for Hydro, Gas, and Water. These upgrades support minimal landlord involvement and strong tenant retention. This is an ideal turnkey investment for private investors seeking urban exposure, income stability, and long-term value in a gentrifying neighbourhood with exceptional transit connectivity and demographic growth.
Location
Province ON
County Toronto
Community South Riverdale
Area Toronto
Zoning CR2.5(c2;r2*2294)
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 20.0
Lot Depth 95.0
Others
Security Features No
ParcelsYN No
Listed by CUSHMAN & WAKEFIELD
We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.