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For saleNew listingMLS® E14149262

1118 Queen Street E, Toronto, ON M4M 1K8

South Riverdale · E01 · M4M 1K8

$1,578,000

$801 / sq ft

Listed today

Total area
1,971 sf
Lot
14.5 × 85 ft

What's special

  • Yes

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About this property

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.

Property details

Property

Property type
retail
Interior size
1,971 sq ft
Lot size
14.5 × 85 ft
Zoning
Commercial CR2.5(c1;r2*2224)
Possession
TBD

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Costs

List price
$1,578,000
Property taxes
$11,385 / year (2025)
Price per sq ft
$801

Listing

MLS® number
E14149262
Status
For sale
Listed
November 4, 2026
Last updated
November 4, 2026
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Price & sale history

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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 in line with comparable listings — about 47% of comparable retail listings in South Riverdale are asking less.

$915KMedian $1.69M$3.75M
This home
$801 / sq ft
Comparable median
$650 / sq ft

Based on 17 comparable active retail listings in South Riverdale. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $315,600
$315,600
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,980.03
Property tax (est.)
$948.77
Estimated monthly
$7,929

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
$28,035
Toronto municipal
$28,035
Total due on closing
$56,070

An estimate on the asking price of $1,578,000. 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.

$1,578,000

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