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$1,275,000
Available - For Sale
Listing ID: E13813862
An Outstanding Opportunity To Own A Fully Tenanted Mixed-Use Property Along Toronto's Vibrant Queen East Corridor! Set On A 16.25 X 95 Ft Lot, This High-Income-Producing Property Offers Excellent Value With A High Visibility Street Level Commercial Storefront, A Spacious Two-Bedroom Residential Apartment Above And Two-Car Parking At The Rear. The Main Floor Features Approximately 706 Sq. Ft. Of Commercial Space, Currently Occupied By An Established Retail Tenant, Plus A Full Lower Level Providing Valuable Additional Storage And Utility Space. The Approximately 824 Sq. Ft. Upper-Level Apartment Features Two Bedrooms, A Separate Living Room, Kitchen And Full Bathroom. Both Commercial And Residential Tenancies Are Already In Place, Providing Immediate Income From Day One. Ideally Positioned On A Lively Stretch Of Queen Street East Where Leslieville Meets The Beaches, Surrounded By An Eclectic Mix Of Independent Shops, Restaurants, Cafés And Neighbourhood Amenities. Directly Across From The New Queen & Ashbridge Condominiums, Bringing Hundreds Of New Residents To The Immediate Area, With Continued Development And New Shops Adding To The Energy Of This Rapidly Evolving Stretch Of Queen East. Excellent Pedestrian And Vehicular Exposure, 24-Hour TTC Service At The Doorstep And Convenient Access To Downtown And Toronto's East-End Neighbourhoods. An Excellent Value And Compelling Opportunity To Acquire A Fully Tenanted, High-Income-Producing Mixed-Use Asset Along One Of Toronto's Most Established And Desirable Commercial Corridors.
Price $1,275,000
Taxes: $10,945.59
Tax Type: Annual
Occupancy by: Tenant
Address: 1562 Queen Street East , Toronto, M4L 1E9, Toronto
Postal Code: M4L 1E9
Province/State: Toronto
Legal Description: PT LT 8 CON 1 FTB TWP OF YORK AS IN CT40
Directions/Cross Streets: Queen St E/Coxwell
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: Store With Apt/Office
Building Percentage: F
Total Area: 1,530
Total Area Code:  Square Feet
Office/Appartment Area: 824
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit   Subways
Maintenance: 0
Sprinklers: No
Heat Type: Water Radiators
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE ESTATE REALTY

1562 Queen Street East , Toronto, M4L 1E9, Toronto

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Maria Tompson
Sales Representative
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Toronto
Municipality: Toronto E01
Neighbourhood: Greenwood-Coxwell
Style:
Lot Size: x 95.00(Feet)
Approximate Age:
Tax: $10,945.59
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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