1349/1351 Queen Street E

Greenwood-Coxwell, Toronto · MLS® E14095108

1062

House · Multi-family · 5 days on market

listed by DAVID SHIRAZI RAD, PSR

realtor's description

6-Plex Investor Opportunity With Excellent Development Potential In The Heart Of The Trendy Leslieville Neighbourhood. Situated On A 42 X 100 Ft Lot, This Property Offers Potential For Additional Storeys, Condo, Apartment Or Hotel Development, With Mixed-Use Commercial Space At The Base. Just Steps From Vibrant Queen St. East, Enjoy Easy Access To Some Of The City's Best Restaurants, Cafes And Shops. Potential Cap Rate Of 6% At Current Market Rents. Fully Tenanted With Roughly $8,900 Monthly Income. Floorplans, Survey, Exterior Photos Available. AS IS WHERE IS . Vacant Possession. Ability To Sever Lot. 1349 & 1351 Queen St E. Are Adjoining Lots.

property details

type: House, Multi-family
bedrooms: 10
bathrooms: 6
parking: 2
property tax: $11,869 / yr
days on market: 5
MLS®: E14095108

features

Refrigerator
Stove

monthly cost

$11,006/mo

Mortgage $10,017 · Tax $989

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$10,017/ monthly

loan $1,839,200

25-year amortization

down payment20% · $459,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,165,757
cash to close: $459,800; down payment; transfer tax and fees not included
total paid: $3,004,957

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.