$1,578,000
1118 Queen Street E, Toronto, ON M4M 1K8
South Riverdale · E01
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY
South Riverdale · E01 · M4M 1L1
$1,689,000
$1,126 / sq ft1 weeks on market
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!
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 53% of comparable retail listings in South Riverdale are asking less.
Based on 17 comparable active retail listings in South Riverdale. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,689,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE ESTATE 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.
What similar homes in this area actually sold for.
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$1,578,000
South Riverdale · E01
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY
$1,689,000
South Riverdale · E01
Listing courtesy of ROYAL LEPAGE ESTATE REALTY
$1,800,000
South Riverdale · E01
Listing courtesy of RE/MAX HALLMARK REALTY LTD.
$1,750,000
South Riverdale · E01
Listing courtesy of COLLIERS
$1,388,000
South Riverdale · E01
Listing courtesy of BLUE WHALE CAPITAL REALTY INC.