$ 1.999.000

179 Queen Street E, Toronto

  • Bathrooms: 4
  • Living area: 2230 square feet
  • Type: Commercial
  • Added: 11 days ago
  • Updated: 11 days ago
  • Last Checked: 2 hours ago
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. (id:1945)

Property DetailsKey information about 179 Queen Street E

  • Heating: Baseboard heaters
  • Structure Type: Residential Commercial Mix
  • Address: 179 Queen St E
  • Commercial Lease Duration: 9 years
  • Total Number Of Apartments: 2
  • Apartment Types: [object Object], [object Object]

Interior FeaturesDiscover the interior design and amenities

  • Living Area: 2230
  • Basement: Ceiling Height: Raised, Usable Space: Nearly doubled
  • Commercial Space: Upgrades: New electrical, New plumbing, New flooring, New stairs, New kitchen, New laundry

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 179 Queen Street E

  • Water Source: Municipal water
  • Parking Total: 1
  • Lot Size Dimensions: 13 x 70 FT
  • Type: Fully renovated property

Location & CommunityUnderstand the neighborhood and community

  • Directions: Queen And Jarvis
  • Street Dir Suffix: East
  • Nearby Infrastructure: Future Ontario Line, Park

Business & Leasing InformationCheck business and leasing options available at 179 Queen Street E

  • Leasing Flexibility: Ability to rent or occupy upper apartments
  • Income Benefits: Secure income from main floor lease

Tax & Legal InformationGet tax and legal details applicable to 179 Queen Street E

  • Tax Annual Amount: 10450
  • Zoning Description: Cr4.5(C2.0 R4.0)
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BRAD GIBSON
  • BRAD GIBSON
  • BOSLEY REAL ESTATE LTD.
  • 416-322-8000