2479 Queen Street E, Toronto, ON M4E 1H8
The Beaches · E02 · M4E 1H8
$4,688,000
$748 / sq ft3 months on market
- Bathrooms
- 6
- Total area
- 6,264 sf
- Lot
- 40 × 120 ft
About this property
Exceptional opportunity to acquire a beautifully renovated six-unit multiplex in the heart of The Beaches. Offered fully furnished and completely turnkey, this meticulously maintained property features six spacious two-bedroom apartments, with several suites showcasing stylish modern renovations. Delivered with vacant possession, it offers investors the unique opportunity to establish market rents from day one and maximize income potential. A strong income-producing asset with excellent long-term growth potential, the property also features six dedicated parking spaces and tenant storage. Ideally situated on vibrant Queen Street East, just steps to the beach, parks, transit, cafés, restaurants, boutique shopping, and all the amenities this sought-after lakeside community has to offer. A great investment opportunity in one of Toronto's most desirable neighbourhoods
Property details
Property
- Property type
- investment
- Bathrooms
- 6
- Interior size
- 6,264 sq ft
- Lot size
- 40 × 120 ft
- Zoning
- N/A
- Possession
- Vacant
Interior
- Heating
- Gas Hot Water
- Cooling
- No
Exterior & services
- Sewer
- Sanitary
Costs
- List price
- $4,688,000
- Property taxes
- $12,344 / year (2026)
- Price per sq ft
- $748
Listing
- MLS® number
- E13651138
- Status
- For sale
- Listed
- August 7, 2026
- Days on market
- 90
- Last updated
- October 27, 2026
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 81% of comparable multi-unit / investment listings in Toronto are asking less.
- This home
- $748 / sq ft
- Comparable median
- $699 / sq ft
Based on 96 comparable active multi-unit / investment listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $20,736.61
- Property tax (est.)
- $1,028.67
- Estimated monthly
- $21,765
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $103,675
- Toronto municipal
- $127,435
- Total due on closing
- $231,110
An estimate on the asking price of $4,688,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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