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1572 Queen Street E
homes for sale · Toronto · Greenwood-Coxwell
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$1,599,000

1572 Queen Street E

Greenwood-Coxwell, Toronto · MLS® E13779822

222

House · Single Family · 40 days on market

listed by ADAM WOLMAN, SUTTON GROUP-ADMIRAL REALTY INC.

realtor's description

Ideally located between Toronto's vibrant Beaches neighbourhood and sought-after Leslieville, this mixed-use investment property offers an exceptional opportunity for investors and end-users alike. Situated on a 16.9 x 95 ft North Side Corner lot with rear laneway access, the property features a renovated main floor commercial space plus two bedroom residential apartment above, creating multiple income streams in a highly desirable east-end location. The main floor and full-height basement are leased to tenant occupying 930 sq. ft. on the main level plus an additional 900 sq. ft. basement area. The commercial space has been renovated in recent years and benefits from excellent street exposure. Additional highlights include: A residential 2 bedroom apartment on the second floor providing supplementary rental income. Full-height basement with functional usable space. Rear laneway access. Positioned in one of Toronto's strongest urban corridors, surrounded by thriving retail, restaurants, transit, and established residential communities, this is a rare opportunity to acquire a versatile income-producing property in a prime location with long-term upside potential.

property details

type
House, Single Family
bedrooms
2
bathrooms
2
parking
2
property tax
$14,602 / yr
days on market
40
MLS®
E13779822

features

  • Washer
  • Dryer
  • Water Heater

monthly cost

$8,184/mo
Mortgage $6,967 · Tax $1,217

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

estimated payment
$6,967/ monthly
loan $1,279,200
25-year amortization
total interest
$810,807
cash to close
$319,800
down payment; transfer tax and fees not included
total paid
$2,090,007

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

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
ADAM WOLMAN
SUTTON GROUP-ADMIRAL REALTY INC.
call ADAM · 416-856-5155
Powered by: REALTOR.ca

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Greenwood-Coxwell, TorontoGoogle Maps ↗

location

Greenwood-Coxwell, TorontoGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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