Michael Tzakas
Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage
Independently owned and operated.
685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6
Cell: 416-561-3911Office: 416-494-7653
$1,275,000
Available - For Sale
Listing ID: E13813862
1562 Queen Street East , Toronto, M4L 1E9, Toronto
| An Outstanding Opportunity To Own A Fully Tenanted Mixed-Use Property Along Toronto's Vibrant Queen East Corridor! Set On A 16.25 X 95 Ft Lot, This High-Income-Producing Property Offers Excellent Value With A High Visibility Street Level Commercial Storefront, A Spacious Two-Bedroom Residential Apartment Above And Two-Car Parking At The Rear. The Main Floor Features Approximately 706 Sq. Ft. Of Commercial Space, Currently Occupied By An Established Retail Tenant, Plus A Full Lower Level Providing Valuable Additional Storage And Utility Space. The Approximately 824 Sq. Ft. Upper-Level Apartment Features Two Bedrooms, A Separate Living Room, Kitchen And Full Bathroom. Both Commercial And Residential Tenancies Are Already In Place, Providing Immediate Income From Day One. Ideally Positioned On A Lively Stretch Of Queen Street East Where Leslieville Meets The Beaches, Surrounded By An Eclectic Mix Of Independent Shops, Restaurants, Cafés And Neighbourhood Amenities. Directly Across From The New Queen & Ashbridge Condominiums, Bringing Hundreds Of New Residents To The Immediate Area, With Continued Development And New Shops Adding To The Energy Of This Rapidly Evolving Stretch Of Queen East. Excellent Pedestrian And Vehicular Exposure, 24-Hour TTC Service At The Doorstep And Convenient Access To Downtown And Toronto's East-End Neighbourhoods. An Excellent Value And Compelling Opportunity To Acquire A Fully Tenanted, High-Income-Producing Mixed-Use Asset Along One Of Toronto's Most Established And Desirable Commercial Corridors. |
| Price | $1,275,000 |
| Taxes: | $10945.59 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 1562 Queen Street East , Toronto, M4L 1E9, Toronto |
| Postal Code: | M4L 1E9 |
| Province/State: | Toronto |
| Legal Description: | PT LT 8 CON 1 FTB TWP OF YORK AS IN CT40 |
| Directions/Cross Streets: | Queen St E/Coxwell |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | F |
| Total Area: | 1530.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 824 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit Subways |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | No |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE ESTATE REALTY |
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|
Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Toronto |
| Municipality: | Toronto E01 |
| Neighbourhood: | Greenwood-Coxwell |
| Tax: | $10,945.59 |
| Fireplace: | N |
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