1140 Queen Street East, Toronto (South Riverdale) - Retail for Sale
1140 Queen Street East, Toronto (South Riverdale), Ontario, M4M1L1
1,995 ft²16 × 73 ft (1,168 sq ft) lot sizeListed 8 days ago
Overview
This retail property in Toronto is for sale offering roughly 1,995 sq ft of space. It has been on the market 8 days, fresher than the Toronto average of 46 days.
Welcome to 1140 Queen Street East, a rare turn-key mixed-use gem in the heart of vibrant Leslieville! Situated directly along the 24/7 Queen streetcar line and minutes to the upcoming Leslieville Station, this modernized property offers peace of mind with a substantial rear addition, updated building systems, separate meters, central air, and new windows, doors, HVAC, and plumbing - meaning minimal to no CapEx anticipated for the next 10 years. The ground floor is tenanted by Scout, a beloved local business providing immediate, passive, and reliable retail rental income. A side right-of-way provides direct upper-level access via a well-lit walkway, preserving an efficient, uninterrupted main-floor retail footprint while leading to the private rear courtyard. Upstairs, a sun-drenched two-bedroom loft showcases large windows, a soaring skylight, exposed brick, quartz counters, modern appliances, in-suite laundry, and direct courtyard access. The upper level offers exceptional flexibility: generate a strong second rental income stream alongside the main floor tenant, run a sleek professional office, or move in to experience urban living at its finest. This is a low-maintenance, turn-key property in one of Toronto's most dynamic neighbourhoods - ideal for an end-user to occupy the upper level for residential or office use, or a professional seeking a reliable, hassle-free holding. Come grab a coffee, lunch, and browse the shops, then drop by for a private tour of this incredible Leslieville opportunity! (id:66096)
Property Details
MLS®
E14120168
Property Type
Retail
Zoning
CR2.5(c1;r2*2224)
Interior Size
1,995 ft²
Lot Size
16 × 73 ft (1,168 sq ft)
Frontage
16 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$14,519.14/yr
Listed
8 days ago
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
8d
Toronto (South Riverdale) listings, avg age
46d
Price / ft²
$847
List price
$1.69M
Active: 8 days on market, against an average age of 46 days across the listings currently for sale in this city
Market timing · days on market0 → 46d avg age of current listings
Active · day 8
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
Haho
This retail in Toronto (South Riverdale) has been listed for 8 days, which is 38 days fresher than the city average of 46. Act while there is still low competition.
Listed by ROYAL LEPAGE ESTATE REALTY · BRAM JONATHAN ZEIDENBERG
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (M4M)
This home lists at $1,689,000, about 17.1× the local median household income of $99,000.
Carrying it typically needs a household income of about $329,921 (20% down, 25-yr amortization, stress-tested) — roughly 233% above the area median.
Median household income
$99,000
Population
25,052
Median age
38.8
Owner / renter
56% / 44%
Avg. household size
2.2
Source: Statistics Canada, 2021 Census (FSA M4M)
$1,689,000· $847/ft²
For sale
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Financing
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