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New · Listed Jul 7, 2026 · 114 days on market

894 Queen Street E, Toronto, ON M4M 1J3

$2,750,000

Commercial · Store W Apt/Office · 4230 sq ft · For Sale

GREAT INVESTMENT. Positioned in the heart of trendy, high-traffic Leslieville, this meticulously maintained mixed-use property represents a turnkey investment with a great Net Operating Income and future development intensification upside. The column-free, street-level commercial space features a prominent Queen Street East frontage with high pedestrian visibility, currently occupied by a well-established anchor restaurant with a secure, long-term lease. Above, two expansive, full-floor walk-up residential apartments boast bright layouts, high ceilings, and significant rental upside-ideal for premium market-rent leasing or a sophisticated owner-occupier suite. The building has been flawlessly upkept by the current owner with extensive, high-ticket capital improvements, including a complete roof replacement new skylights (May 2023), a new A/C (August 2023), and a new boiler installed (September 2024). Featuring a highly coveted rear lane access for convenient loading and parking, this property is entirely worry-free. Situated steps from Jimmie Simpson Park and the upcoming Ontario Line transit hub, this versatile asset combines immediate cash flow from premier local tenancy with long-term capital appreciation in Toronto's most sought-after east-end commercial corridor. A brochure with financial information about this Listing is available.

Property summary

TypeCommercial
SubtypeStore W Apt/Office
Building area4230 Square Feet
Lot size20.5 × 100 ft
Taxes$22,358 / yr
GarageNone
PossessionImmediate
OccupantTenant
Property
Lot width20.5
Lot depth100
Power & Services
Heating typeGas Forced Air Closed
UtilitiesYes
Zoning & Taxes
Taxes / yr$22,358
Tax year2025
Interested in this property?
Book a viewing or ask us anything — a Central Commercial Realty agent will respond within one business day.

Data provided by TRREB. Listed by ROYAL LEPAGE TERREQUITY REALTY.

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CC Susan — Central Commercial
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