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$ 5,500,000
Est. payment | /mo
5,707 SqFt
$ 5,500,000
Est. payment | /mo
5,707 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,707 sqft
Price per Sqft $963
Subdivision South Riverdale
MLS Listing ID E12392735
Annual Tax Amount $25,281
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Exceptional opportunity to acquire a fully upgraded, income-producing mixed-use property in the heart of Riverside - one of Toronto's most vibrant and rapidly transforming neighbourhoods. Located just east of Broadview Avenue, 728 Queen St E is ideally positioned steps from 24-hourstreetcar service, the future East Harbour transit hub, and surrounded by acclaimed local retail, restaurants, and lifestyle amenities. The property spans 5,707 SF across retail and residential uses, offering a diversified and stable revenue stream. The ground floor is anchored by an established commercial tenant on along-term lease, while the upper floors consist of modernized residential units with strong tenant appeal and consistent rent growth potential. Significant capital upgrades have been completed throughout, including individual HVAC systems with energy-efficient tankless combo units, individual Hydro and Gas metering, and water sub-metering. All residential units are equipped with in-suite washer and dryer, further enhancing tenant satisfaction and retention. With its prime location, fully leased profile, and low-maintenance setup, 728 Queen St E presents an ideal investment for private buyers seeking long-term value, income stability, and strategic exposure to one of Toronto's most in-demand urban communities.
Location
Province ON
County Toronto
Community South Riverdale
Area Toronto
Zoning CR2.5(c2;r2*2294)
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 26.0
Lot Depth 95.0
Others
Security Features No
Listed by CUSHMAN & WAKEFIELD
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