179 QUEEN STREET E, Toronto, Ontario, M5A 1S2

$1,999,000

MLS® # C10418082

Commercial For Sale In Old Town, Toronto, Ontario

$1,999,000

Property Information:

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. (id:27)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Heating Type: Baseboard heaters

Property Features:

  • Property Type: Retail
  • Bathrooms: 4
  • Irregular: Yes
  • Lot Depth: 70.0 Feet
  • Lot Frontage: 13.0 Feet
  • Lot Size: 13 x 70 FT
  • Zoning: Cr4.5(C2.0 R4.0)
  • No. of Parking Spaces: 1

Courtesy of: BOSLEY REAL ESTATE LTD.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos