1985 Queen Street E
Toronto (The Beaches), ON M4L 1J1
- —Bedrooms
- 3Bathrooms
- —Garage
- —Sq Ft
- $29,383Tax
- 25×125 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 1985 Queen Street E, Toronto, The Beaches
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 1985 Queen Street E, Toronto, The Beaches
Summarized Description
- High-visibility mixed-use property in Toronto's Prime Beach.
- Two turnkey residential units with modern finishes.
- Established ground-floor commercial tenant for immediate income.
- High-yield potential for investors and owner-users.
- Direct access to Kew Gardens enhances appeal.
- Strong cap rates and competitive rental market.
- Perfect walk score with heavy pedestrian traffic.
- Immediate transit access boosts property value.
***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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $29,383
- Land Transfer Tax Fee
- $102,350
Rental Items
- Rental Equipment
- Hot water tank
Interior Features
- Security Features
- No
- Fireplace/Stove
- No
- Elevator
- No
Building
- Building Type
- Store W Apt/Office
Lot
- Lot Front
- 25.00 ft
- Lot Depth
- 125.00 ft
Exclusions
- Exclusions
- Excluding all commercial tenant's equipment & belongings
Parking & Garages
- Garage Type
- None
Heating & Cooling
- Heat Type
- Gas Forced Air Closed
- Air Conditioning
- Yes
- Water
- Municipal
- Sewers
- Sanitary+Storm
- Washrooms
- 3
Washrooms
- —-piece
- Municipality
- Toronto
- Neighbourhood
- The Beaches
- Main cross streets
- Queen St. East & Woodbine Ave.
- Zoning
- COMMERCIAL MIXED USE (INCL. RESIDENTIAL)
- Directions
- Queen St E & Woodbine Ave
- MLS® number
- E13636296
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-08-04
- Updated on
- 2026-08-18
- Days on market
- 75 days
- Possession type
- Flexible
- Co-op commission
- 2.50%
- Seller
- Listed by
- KELLER WILLIAMS REFERRED URBAN REALTY
Home Market Value
Current home valuation for 1985 Queen Street E, Toronto, The Beaches, Toronto, ON. Listed for $2,588,000
HOMEH Estimate
—
Estimated Sales Range
—
HOMEH Estimate for 1985 Queen Street E, Toronto, The Beaches
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$517,600
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $2,070,400 | $1,941,000 | $1,811,600 | $1,682,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $10,109monthly | $9,477monthly | $8,845monthly | $8,213monthly |
Land Transfer Tax
$51,175
$51,175
$102,350
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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