1985 Queen Street
About this property
***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.
Features & finishes
Property details
| MLS® Number | E13636296 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Commercial |
| Interior Size | 3,600 sq ft |
| Beds / Baths | 0 bed · 3 bath |
| Neighbourhood | The Beaches |
| City | The Beaches / Upper Beaches |
| Postal Code | M4L 1J1 |
| Province | ON |
| Listed Date | August 4, 2026 |
| Days on Market | 2 |
| Price per Sq Ft | $719 |
| Brokerage | KELLER WILLIAMS REFERRED URBAN REALTY |
Location
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