1118 Queen Street E, Toronto, ON M4M 1K8
South Riverdale, Toronto · Near Queen St East and Pape Ave · View map
About this home
Exceptional investment opportunity in the heart of vibrant Leslieville! Ideally situated along the highly sought-after Queen Street East corridor, this attractive mixed-use property offers a desirable combination of commercial and residential income. Featuring prominent street-level retail frontage with excellent visibility and exposure, complemented by residential accommodation on the upper level, the property presents an appealing opportunity for investors seeking a versatile income-producing asset. Both units are currently tenanted, providing immediate rental income and established occupancy. The property benefits from Queen Street East's strong pedestrian and vehicular traffic, surrounded by an eclectic mix of popular restaurants, cafés, boutique shops, independent retailers and everyday amenities. Enjoy convenient access to public transit, including the Queen streetcar, as well as easy connectivity to downtown Toronto and surrounding neighbourhoods. Located in one of Toronto's most dynamic and evolving east-end communities, this is an outstanding opportunity to acquire a well-positioned mixed-use property with long-term investment appeal.
The home
- Type
- Commercial retail
- Square footage
- 1971 sq ft
- Lot size
- 14.5 x 85 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $11,385/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Queen St East and Pape Ave
- Neighbourhood
- South Riverdale
More
- MLS® number
- E14149262
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1118 Queen Street, Toronto, ON M4M 1K8
South Riverdale, Toronto · Near Queen St East and Pape Ave
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Listing history for 1118 Queen Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1118 Queen Street E
Answers come straight from this home’s MLS® listing.
How much is 1118 Queen Street E listed for, and what would it cost each month?
1118 Queen Street E is listed for $1,578,000. With 20% down ($315,600), the mortgage payment would be roughly $6,365 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,314 a month, all in. That figure is an illustration, not a quote.
Is 1118 Queen Street E freehold or a condo, and is there a monthly fee?
1118 Queen Street E is a commercial retail in South Riverdale, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 1118 Queen Street E have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 1118 Queen Street E?
1118 Queen Street E is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 1118 Queen Street E, and what is the lot size?
The lot is listed as 14.5 x 85 ft.
How is 1118 Queen Street E heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 1118 Queen Street E?
Property taxes are $11,385 a year (2025), or about $949 a month.
Where is 1118 Queen Street E?
1118 Queen Street E is in the South Riverdale community of Toronto. The nearest main intersection is Queen St East and Pape Ave. The postal code is M4M 1K8.
Is 1118 Queen Street E still for sale?
Yes. It is an active listing (MLS® E14149262). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 1118 Queen Street E asking?
Similar properties for sale nearby right now include 1140 Queen Street E at $1,689,000, 2275 Queen Street E at $1,699,000 and 1436 Queen Street W at $1,700,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1118 Queen Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1118 Queen Street E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near South Riverdale, picked by style, size and price.
Commercial retail$1,689,0001140 Queen Street E, TorontoSouth RiverdaleCourtesy of: ROYAL LEPAGE ESTATE REALTYView home →
Investment$1,699,0002275 Queen Street E, TorontoThe BeachesCourtesy of: ROYAL LEPAGE ESTATE REALTYView home →
Store w apt / office$1,700,0001436 Queen Street W, TorontoRoncesvallesCourtesy of: RE/MAX ULTIMATE REALTY INC.View home →Courtesy of: ROYAL LEPAGE SIGNATURE REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.