894 Queen Street E, Toronto, ON M4M 1J3
South Riverdale, Toronto · Near Queen/Booth · View map
About this home
GREAT INVESTMENT. Positioned in the heart of trendy, high-traffic Leslieville, this meticulously maintained mixed-use property represents a turnkey investment with a great Net Operating Income and future development intensification upside. The column-free, street-level commercial space features a prominent Queen Street East frontage with high pedestrian visibility, currently occupied by a well-established anchor restaurant with a secure, long-term lease. Above, two expansive, full-floor walk-up residential apartments boast bright layouts, high ceilings, and significant rental upside-ideal for premium market-rent leasing or a sophisticated owner-occupier suite. The building has been flawlessly upkept by the current owner with extensive, high-ticket capital improvements, including a complete roof replacement new skylights (May 2023), a new A/C (August 2023), and a new boiler installed (September 2024). Featuring a highly coveted rear lane access for convenient loading and parking, this property is entirely worry-free. Situated steps from Jimmie Simpson Park and the upcoming Ontario Line transit hub, this versatile asset combines immediate cash flow from premier local tenancy with long-term capital appreciation in Toronto's most sought-after east-end commercial corridor. A brochure with financial information about this Listing is available.
The home
- Type
- Store w apt / office
- Square footage
- 4230 sq ft
- Lot size
- 20.5 x 100 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Partial
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $22,358/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- Queen/Booth
- Neighbourhood
- South Riverdale
More
- MLS® number
- E13533226
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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.
894 Queen Street, Toronto, ON M4M 1J3
South Riverdale, Toronto · Near Queen/Booth
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Listing history for 894 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 894 Queen Street E
Answers come straight from this home’s MLS® listing.
How much is 894 Queen Street E listed for, and what would it cost each month?
894 Queen Street E is listed for $2,750,000. With 20% down ($550,000), the mortgage payment would be roughly $11,093 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $12,956 a month, all in. That figure is an illustration, not a quote.
Is 894 Queen Street E freehold or a condo, and is there a monthly fee?
894 Queen Street E is a store w apt / office 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 894 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 894 Queen Street E?
894 Queen Street E is a store w apt / office. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 894 Queen Street E, and what is the lot size?
The lot is listed as 20.5 x 100 ft.
How is 894 Queen Street E heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 894 Queen Street E?
Property taxes are $22,358 a year (2025), or about $1,863 a month.
Where is 894 Queen Street E?
894 Queen Street E is in the South Riverdale community of Toronto. The nearest main intersection is Queen/Booth. The postal code is M4M 1J3.
Is 894 Queen Street E still for sale?
Yes. It is an active listing (MLS® E13533226). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 894 Queen Street E asking?
Similar properties for sale nearby right now include 969 Queen Street E at $2,750,000, 1164 QUEEN Street W at $2,799,000 and 1985 Queen Street E at $2,588,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 894 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 894 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.
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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.