179 Queen ST E new Save Request In-Person Tour Request Virtual Tour
Toronto C08,ON M5A 1S2
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,230 sqft
Price per Sqft $896
MLS Listing ID C10418082
Annual Tax Amount $10,450
Tax Year 2024
Property Description
Prime investment opportunity at 179 Queen St E! Secure income stream with a 9-YEAR commercial lease in place, plus flexibility to rent or occupy the vacant upper apartments to suit your needs. Ideally located across from the future Ontario Line and a park, this fully renovated property has undergone extensive upgrades: new electrical, plumbing, raised ceiling height in the basement, nearly doubling the usable commercial space, along with new flooring, stairs, kitchen, and laundry. The 3rd and 4th-floor, 2-bedroom/1-bath apartment has 10-foot high ceilings and a rooftop terrace with city views that truly impress. The 2nd-floor apartment is a 1-bed,1-bath with 9-foot ceilings and 100% newly renovated. Perfect for both investors and residential users who want to enjoy the income benefits of the main floor lease while making the upper levels their own.
Location
State ON
County Toronto
Area Moss Park
Interior
Heating Yes
Cooling No
Exterior
Garage Spaces 1.0
Utilities Available Yes
Parking Type Lane
Others
Security Features No