179 Queen ST E Active

Toronto C08,ON M5A 1S2

$ 1999000

- Bed

4 Baths

2230 SqFt


Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 2,230 sqft

Price per Sqft $896

MLS Listing ID C10418082

Annual Tax Amount $10,450

Tax Year 2024

Property Description

Prime investment opportunity at 179 Queen St E! Secure income stream with a 9-YEAR commercial lease in place, plus flexibility to rent or occupy the vacant upper apartments to suit your needs. Ideally located across from the future Ontario Line and a park, this fully renovated property has undergone extensive upgrades: new electrical, plumbing, raised ceiling height in the basement, nearly doubling the usable commercial space, along with new flooring, stairs, kitchen, and laundry. The 3rd and 4th-floor, 2-bedroom/1-bath apartment has 10-foot high ceilings and a rooftop terrace with city views that truly impress. The 2nd-floor apartment is a 1-bed,1-bath with 9-foot ceilings and 100% newly renovated. Perfect for both investors and residential users who want to enjoy the income benefits of the main floor lease while making the upper levels their own.

Location

Province ON

County Toronto

Area Moss Park

Interior

Heating Yes

Cooling No

Exterior

Garage Spaces 1.0

Utilities Available Yes

Others

Security Features No

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