$1,275,000

For sale

1568 Queen Street East, Toronto (Greenwood-Coxwell) - Retail for Sale

1568 Queen Street East, Toronto (Greenwood-Coxwell), Ontario, M4L1E9

2 parking1,700 ft²16 × 111 ft (1,776 sq ft) lot sizeListed 15 days ago

Overview

This retail property in Toronto is for sale offering roughly 1,700 sq ft of space. It has been on the market 15 days, fresher than the Toronto average of 51 days.

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Description

1568 Queen Street East presents a rare opportunity to acquire a premium, fully-performing mixed-use asset in one of Toronto's most coveted and dynamic neighbourhoods. Strategically positioned on the vibrant Queen East corridor where Leslieville meets The Beaches, this property offers the ultimate combination of stability, location, and lifestyle appeal. With a deeply established commercial anchor on the main floor and a highly sought-after modern rental suite above, this turn-key investment is built for consistent cash flow and long-term appreciation. Private lane parking off the back with dedicated space for two cars. Anchoring the building is an established, long-term commercial tenant that provides peace of mind and reliable, hands-off income. The upper floor features a spacious, sunlit, and fully modernized apartment that feels more like a private urban townhome than a traditional second-level unit. This property sits in the premier Greenwood-Coxwell pocket, just steps from the best of Toronto's east end. Surrounded by the city's best independent cafes, acclaimed restaurants, boutique shops, and daily conveniences, as well as offering quick access to nature, 24 hour transit routes and a bustling community, this is a location that will consistently attract quality tenants in a reliable location. (id:66096)

Property Details

MLS®: E14097478
Property Type: Retail
Zoning: CR2(c1;r2*1581)
Parking: 2
Interior Size: 1,700 ft²
Lot Size: 16 × 111 ft (1,776 sq ft)
Frontage: 16 ft
Heating: Forced air, Natural gas
Cooling: Partially air conditioned
Property Tax: $11,116/yr
Listed: 15 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Toronto (Greenwood-Coxwell) listings, avg age

51d

Price / ft²

$750

List price

$1.27M

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 (Greenwood-Coxwell) has been listed for 15 days, which is 36 days fresher than the city average of 51. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · DYLAN PROVENCHER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4L)

This home lists at $1,275,000, about 12.6× the local median household income of $101,000.

Carrying it typically needs a household income of about $249,052 (20% down, 25-yr amortization, stress-tested) — roughly 147% above the area median.

Median household income: $101,000
Population: 32,218
Median age: 40.8
Owner / renter: 61% / 39%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M4L)

$1,275,000· $750/ft²

For sale

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Financing

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