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$ 1,599,000
Est. payment /mo
New
1572 Queen ST E Toronto E01, ON M4L 1E9
2 Beds
2 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Municipality Toronto E01
Subdivision Greenwood-Coxwell
MLS Listing ID E13156476
Style 2-Storey
Bedrooms 2
Annual Tax Amount $14,602
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
Prime East-End Toronto Corner Property - End-User Opportunity or Exceptional Redevelopment Potential Positioned on a highly visible, prestigious corner in Toronto's vibrant east end, this rare mixed-use offering presents a unique opportunity for investors, end users, and developers alike. Surrounded by a wave of new luxury condominium developments and just a short walk to the waterfront and Toronto's renowned Beaches, the location combines strong current income with outstanding future upside. The property features a well-established main floor commercial space currently operating as a convenience store, complemented by a spacious second-floor two-bedroom residential apartment. Both units are tenanted, providing immediate income stability while plans for repositioning or redevelopment are explored. The building includes a full-height basement with excellent access, offering additional storage or potential utility space. At the rear parking adds convenience and value-along with a detached freestanding shed structure that provides further flexibility for storage or ancillary use. Situated in a rapidly evolving neighbourhood with significant intensification, this high-profile corner lot is ideally suited for a variety of future uses, including boutique mixed-use redevelopment, upscale retail with residential above, or a long-term hold in one of Toronto's most desirable east-end corridors. Highlights: Prominent corner exposure with strong pedestrian and vehicular traffic Mixed-use building with commercial + residential income Large 2-bedroom apartment on the second floor Full-height basement with excellent access Rear parking + detached shed structure Steps to the Beaches, transit, and major amenities Surrounded by new luxury condo developments and neighbourhood growth. A rare chance to secure a cornerstone property in a thriving, high-demand community.
Location
Province ON
County Toronto
Community Toronto E01
Area Toronto
Rooms
Family Room No
Basement None
Kitchen 1
Interior
Interior Features Water Heater
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.0
Pool None
Roof Type Flat
Lot Frontage 16.91
Lot Depth 95.0
Total Parking Spaces 2
Building
Unit Features Beach,Lake Access,Park,Place Of Worship,Public Transit,School
Foundation Concrete
Others
Security Features None
ParcelsYN No
Listed by SUTTON GROUP-ADMIRAL REALTY INC.