894 QUEEN STREET E, Toronto (South Riverdale)
$2,750,000
For sale: Other
- Property type
- Store W Apt/Office
- MLS®
- MLS® E13533226
- Neighbourhood
- South Riverdale
Positioned in the heart of trendy, high-traffic Leslieville, this meticulously maintained mixed-use property represents a turnkey investment with a great Net Operating Income and future development intensification upside. The column-free, street-level commercial space features a prominent Queen Street East frontage with high pedestrian visibility, currently occupied by a well-established anchor restaurant with a secure, long-term lease. Above, two expansive, full-floor walk-up residential apartments boast bright layouts, high ceilings, and significant rental upside-ideal for premium market-rent leasing or a sophisticated owner-occupier suite. The building has been flawlessly upkept by the current owner with extensive, high-ticket capital improvements, including a complete roof replacement new skylights (May 2023), a new A/C (August 2023), and a new boiler installed (September 2024). Featuring a highly coveted rear lane access for convenient loading and parking, this property is entirely worry-free. Situated steps from Jimmie Simpson Park and the upcoming Ontario Line transit hub, this versatile asset combines immediate cash flow from premier local tenancy with long-term capital appreciation in Toronto's most sought-after east-end commercial corridor. A brochure with financial information about this Listing is available.
Sold data
Other homes in Toronto (South Riverdale) — recent sold market
Other homes in Toronto (South Riverdale) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
- Median days to sell
- 39
- Median sale price
- $59,000
- Sale-to-list ratio
- 90.9%
- Sold above asking
- 5%
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Toronto (South Riverdale)
Toronto (South Riverdale) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
- Rated schools
- 529
- Elementary
- 425
- Secondary
- 104
- Average rating
- 6.2 / 10
Top-rated schools in Toronto (South Riverdale)
- Cottingham — elementary, TorontoFraser rating 10.0/10
- High Park Alternative — elementary, TorontoFraser rating 10.0/10
- Northmount — elementary, TorontoFraser rating 10.0/10
- Sathya Sai — elementary, TorontoFraser rating 10.0/10
- St Michael's Choir — secondary, TorontoFraser rating 10.0/10
- St Sebastian — elementary, TorontoFraser rating 10.0/10
School ratings from the Fraser Institute's Ontario school report cards.
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