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1940 Queen St E 2,600 SF 100% Leased Retail Building Toronto, ON M4L 1H6 $1,490,000 CAD ($573.08 CAD/SF)



INVESTMENT HIGHLIGHTS
- Power of Sale
EXECUTIVE SUMMARY
Strategically positioned in the heart of Toronto’s vibrant Beaches neighbourhood, this mixed-use commercial property offers exceptional visibility and foot traffic. Located directly on Queen Street East, the site benefits from immediate access to TTC streetcar service, ensuring seamless connectivity across the city.
Surrounded by a dynamic mix of trendy restaurants, boutique retailers, and entertainment venues, the property is steps from Woodbine Beach and lush public parks, making it an ideal location for businesses seeking both exposure and lifestyle appeal.
With a lot size of 15.81 x 123 feet and 1,863 square feet of fully air-conditioned space, the building is zoned for commercial mixed-use, offering flexibility for a variety of retail or professional uses. Annual property taxes are approximately $19,679, and the site is serviced by municipal water and natural gas heating.
This is a rare opportunity to acquire a property in one of Toronto’s most desirable retail corridors—perfect for investors or end-users looking to capitalize on the area’s continued growth and popularity.
Surrounded by a dynamic mix of trendy restaurants, boutique retailers, and entertainment venues, the property is steps from Woodbine Beach and lush public parks, making it an ideal location for businesses seeking both exposure and lifestyle appeal.
With a lot size of 15.81 x 123 feet and 1,863 square feet of fully air-conditioned space, the building is zoned for commercial mixed-use, offering flexibility for a variety of retail or professional uses. Annual property taxes are approximately $19,679, and the site is serviced by municipal water and natural gas heating.
This is a rare opportunity to acquire a property in one of Toronto’s most desirable retail corridors—perfect for investors or end-users looking to capitalize on the area’s continued growth and popularity.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,600 SF
Building Class
C
Year Built
1903
Price
$1,490,000 CAD
Price Per SF
$573.08 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.49
Lot Size
0.04 AC
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (71)
Bike Score®
Biker's Paradise (94)
NEARBY MAJOR RETAILERS
1 of 4
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1940 Queen St E
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