732 Queen St E, Toronto, M4M 1H2

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Description

Rare opportunity to acquire a fully upgraded, income-generating mixed-use asset in the heart of Riverside - one of Toronto's most dynamic and evolving neighbourhoods. Situated just east of Broadview Avenue, 732 Queen St E offers unbeatable access to 24-hour streetcar service, the forthcoming East Harbour transit hub, and a vibrant mix of local retail, dining, and lifestyle amenities. The building totals 2,842 SF across commercial and residential uses, offering a stable, diversified income stream. The ground floor features a well-established retail tenant on along-term lease, while the upper-level residential units have been modernized to appeal to strong tenant demand, with in-suite laundry and turnover-driven rent upside potential. Extensive capital improvements have been completed throughout, including individual HVAC systems with tankless combo units, and separate metering for Hydro, Gas, and Water. These upgrades support minimal landlord involvement and strong tenant retention. This is an ideal turnkey investment for private investors seeking urban exposure, income stability, and long-term value in a gentrifying neighbourhood with exceptional transit connectivity and demographic growth.

4 days

On Market

Commercial/Retail

Property Type

$22,086 / Year

Est. Taxes

Retail

Style

Public

Garage

Y

Basement