$1,599,000
Toronto
1572 Queen Street East, Toronto (Greenwood-Coxwell), Ontario, M4L1E9
This 2-bedroom, 2-bathroom home in Toronto is for sale.
Prime East-End Toronto Mixed-Use Investment Opportunity: Ideally situated in the Corridor joining Toronto's vibrant Beaches neighbourhood and Highly Sought-after Leslieville!! This mixed-use property presents an Outstanding Opportunity for Investors and End-users alike. Set on a 16.9 x 95' North-side Corner Lot with Rear Laneway Access. The property features a renovated main-floor Commercial Space and a 2nd Floor 2 Bedroom Apartment, offering a versatile configuration with multiple income streams. The Leased Main-floor Commercial Space and Full-height basement are leased. Comprising 930 sq. ft. of main-floor space and an additional 900 sq. ft. of Basement Area. On the Sunny North Side with it's wide Front Walkway this renovated commercial space offers excellent street Exposure and Visibility, enhancing its appeal in this established urban Residential / Retail corridor. Surrounded by thriving retail, popular restaurants, public transit, Condominiums and established residential communities, this property benefits from its strategic location. An exceptional opportunity to acquire a versatile, income-producing asset in a desirable Toronto East-End location, with potential for long-term investment growth. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 53 days on market, against an average age of 50 days across the listings currently for sale in this city
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.
This 2-bed single family in Toronto (Greenwood-Coxwell) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,599,000, about 15.8× the local median household income of $101,000.
Carrying it typically needs a household income of about $312,341 (20% down, 25-yr amortization, stress-tested) — roughly 209% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4L)
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Loading rates, 30-yr amortization
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