1140 Queen Street East

Toronto, ONCommercial
$1,689,000
MLS® E14120164
Commercial2 beds2 baths[object Object]
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About This Property

Welcome to 1140 Queen Street East, a rare turn-key mixed-use gem in the heart of vibrant Leslieville! Situated directly along the 24/7 Queen streetcar line and minutes to the upcoming Leslieville Station, this modernized property offers peace of mind with a substantial rear addition, updated building systems, separate meters, central air, and new windows, doors, HVAC, and plumbing - meaning minimal to no CapEx anticipated for the next 10 years. The ground floor is tenanted by Scout, a beloved local business providing immediate, passive, and reliable retail rental income. A side right-of-way provides direct upper-level access via a well-lit walkway, preserving an efficient, uninterrupted main-floor retail footprint while leading to the private rear courtyard. Upstairs, a sun-drenched two-bedroom loft showcases large windows, a soaring skylight, exposed brick, quartz counters, modern appliances, in-suite laundry, and direct courtyard access. The upper level offers exceptional flexibility: generate a strong second rental income stream alongside the main floor tenant, run a sleek professional office, or move in to experience urban living at its finest. This is a low-maintenance, turn-key property in one of Toronto's most dynamic neighbourhoods - ideal for an end-user to occupy the upper level for residential or office use, or a professional seeking a reliable, hassle-free holding. Come grab a coffee, lunch, and browse the shops, then drop by for a private tour of this incredible Leslieville opportunity! (id:63604)

Key Facts

Type
Commercial
Beds
2
Baths
2
Lot
16 x 73 FT
Property Details 14 details
Bedrooms
2 bedrooms
2 above grade
Bathrooms
2 bathrooms
1 partial
Parking
No Garage
Property
Single Family
Property subtype
Single Family
Structure type
Residential Commercial Mix
Storeys
2
Basement
Partially finished, Partial
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
16 x 73 FT
Frontage
16 feet
Taxes
$14,519.14
Zoning
CR2.5(c1; r2*2224)
Water source
Municipal water

Exterior features

BrickStuccoStone

Systems and association

Smoke Detectors

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$1,689,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
South Riverdale
City
Toronto
Postal code
M4M 1L1
Nearby
Cross Streets: Queen St E / Jones Ave. ** Directions: Between Carlaw Ave and Leslie St, on North Side of Queen St E, in Heart of Leslieville.