728 & 732 Queen St E, Toronto, M4M 1H2

Listing Overview

Description

Rare opportunity to acquire two fully upgraded, income-generating mixed-use buildings in the heart of Riverside in one of Toronto's most sought-after neighbourhoods. Located just east of Broadview Avenue, both assets are steps from 24-hour streetcar service, future East Harbour transit hub, and surrounded by some of the city's best independent retail, dining, and lifestyle amenities. Together, the buildings total 8,269 SF across retail and residential uses, offering a stable, diversified income stream. Each property features ground floor commercial units with established tenants on long-term leases, and modernized upper-level apartments with strong tenant demand and consistent turnover-driven rent upside. With 10 fully leased units across both buildings, the assets are 100% stabilized and require minimal landlord involvement. Extensive capital upgrades have been completed throughout, ensuring low near-term maintenance and strong tenant retention. The mixed-use configuration provides income durability and resilience across asset classes. With continued gentrification, strong local demographics, and a rapidly evolving transit infrastructure, this offering is ideal for private investors seeking long-term value and urban exposure in a proven Toronto neighbourhood. All units have individual HVAC systems for cooling and heating using tankless combo units, individually metered for Hydro and Gas, and sub-metered for water. All residential units benefit from in-suite washer & dryer. 728 Queen St East totals 5,707 SF and 732 Queen St East totals 2,842 SF.

54 days

On Market

Commercial/Retail

Property Type

$47,014 / Year

Est. Taxes

Retail

Style

Retail Store Related

Business Type

-

Franchise