Scout N Secure

$2,588,000

Map

1985 Queen Street East

The Beaches, Toronto, Ontario M4L1J1

For sale· Added

3 bath3,600 sqft

About this property

***WOW***Incredible opportunity on one of the most talked about and lively neighbourhoods of Toronto. This high-visibility, freehold mixed-use asset on Queen Street East features an established ground-floor commercial tenant and two 2-bedroom turnkey residential units, offering immediate income with high-yield potential. Located in Prime Beach, the property provides a unique combination of premium, updated residential suites and direct access to Kew Gardens, suitable for investors seeking strong cap rates or an owner-user live-work opportunity.The two upper-level two-bedroom apartments feature modern finishes, stone countertops, bright skylights, and in-suite laundry, ensuring a competitive advantage in Toronto's high-demand rental market. Combined with a perfect walk score, heavy pedestrian traffic, and immediate transit access, this property offers a rare combination of immediate commercial cash flow, residential upside, and premium real estate positioning.

Location

Map data © OpenStreetMap contributors

Upcoming open housesSee all Toronto open houses

No open houses are scheduled for this property.

Can't make it? Request a private viewing.

Property details

Listing

MLS® number
E13636296
Added
Aug 4, 2026 ()
Updated
Aug 18, 2026 ()
Info refreshed

Overview

Property type
Retail
Building type
Residential Commercial Mix

Inside

Bathrooms
3
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Fireplace
No

Land

Lot size
25 x 125 ft
Zoning
COMMERCIAL MIXED USE (INCL. RESIDENTIAL)

Services

Water
Municipal water

Location

Cross streets
Queen St. East & Woodbine Ave
Directions
Queen St E & Woodbine Ave.

Running costs

Annual property tax
$29,383

Ask about this property

$2,588,000
1985 Queen Street East
Request a viewing

Similar properties in Toronto