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728 Queen Street E
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$5,500,000 Sale
Listed 10 hours ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 728 Queen Street E
Key Facts
Key facts for 728 Queen Street E
Property Type
Commercial
Parking
Public
MLS #
E12392735
Size
-
Basement
-
Listed on
2025-09-09
Lot size
26 x 95.0
Tax
$25,281.89 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
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.
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Courtesy of: CUSHMAN & WAKEFIELD