1572, Queen, Greenwood-Coxwell, Toronto, Residential Freehold

MLS® Number E13779822
For Sale   $ 1,599,000
  • 2 beds | 
  • 2 baths | 
  • 1500-2000 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Residential Freehold Store W Apt/Office For Sale.

Ideally located between Toronto's vibrant Beaches neighbourhood and sought-after Leslieville, this mixed-use investment property offers an exceptional opportunity for investors and end-users alike. Situated on a 16.9 x 95 ft North Side Corner lot with rear laneway access, the property features a renovated main floor commercial space plus two bedroom residential apartment above, creating multiple income streams in a highly desirable east-end location. The main floor and full-height basement are leased to Mya's Convenience Store, an established convenience store tenant occupying approximately 930 sq. ft. on the main level plus an additional 900 sq. ft. basement area. The commercial space has been renovated in recent yearsand benefits from excellent street exposure. The tenant's lease commenced in November 2023 and runs until October 31, 2028, with annual rental increases built in. Additional highlights include: A residential 2 bedroom apartment on the second floor providing supplementary rental income. Full-height basement with functional usable space. Rear laneway access. Annual property taxes of approximately $14,601.83. Annual insurance costs of approximately $4,866.67. Full Financials available upon request. Positioned in one of Toronto's strongest urban corridors, surrounded by thriving retail, restaurants, transit, and established residential communities, this is a rare opportunity to acquire a versatile income-producing property in a prime location with long-term upside potential.

Property Features: Beach, Lake Access, Park, Place Of Worship, Public Transit, School

Interior Features: Water Heater

Cross Street: Queen and Coxwell

Direction Faces: North

Key Facts

  • Days on: 0 days
  • Mls Status: New
  • Bedrooms Total: 2
  • Bedrooms Above Grade: 2
  • Bathrooms Total Integer: 2
  • Lot Width: 16.91
  • Kitchens Total: 1
  • Parking Total: 2
  • Parking Spaces: 1
  • Garage Type: Detached
  • Heat Source: Gas
  • Heat Type: Forced Air
  • Cooling: Central Air
  • Living Area Range: 1500-2000 Square Feet

Location 1572, Queen, Greenwood-Coxwell, Toronto

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Kate Naccarato
Sales Representative 416-779-6085