1985 Queen Street E, Toronto, ON M4L 1J1
Toronto E02
***WOW***Incredible opportunity on one of the most talked about and lively neighbourhoods of Toronto. This high-visibility, freehold mixed-use asset on Queen Street East features an established ground-floor commercial tenant and two 2-bedroom turnkey residential units, offering immediate income with high-yield potential. Located in Prime Beach, the property provides a unique combination of premium, updated residential suites and direct access to Kew Gardens, suitable for investors seeking strong cap rates or an owner-user live-work opportunity.The two upper-level two-bedroom apartments feature modern finishes, stone countertops, bright skylights, and in-suite laundry, ensuring a competitive advantage in Toronto's high-demand rental market. Combined with a perfect walk score, heavy pedestrian traffic, and immediate transit access, this property offers a rare combination of immediate commercial cash flow, residential upside, and premium real estate positioning.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 1985 Queen Street E, Toronto, ON M4L 1J1
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# E13636296
Listed by KELLER WILLIAMS REFERRED URBAN REALTY
On market since Aug 4, 2026
1985 Queen Street E, Toronto, ON M4L 1J1 is listed for $2,588,000 CAD.
1985 Queen Street E, Toronto, ON M4L 1J1 has 3 bathrooms.
1985 Queen Street E, Toronto, ON M4L 1J1 is a Store W Apt/Office, 3,600 sq ft.
1985 Queen Street E, Toronto, ON M4L 1J1 is in Toronto E02, Ontario.
1985 Queen Street E, Toronto, ON M4L 1J1 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 1985 Queen Street E, Toronto, ON M4L 1J1 (MLS# E13636296). You can also send a message through the contact form on this site.
