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$1,599,000
1572 E Queen Street • Toronto, ONNew
Courtesy of SUTTON GROUP-ADMIRAL REALTY INC.
2
Bedrooms
2
Bathrooms
1500-2000
Square feet
2
Parking

About this home

Prime East-End Toronto Corner Property - End-User Opportunity or Exceptional Redevelopment Potential Positioned on a highly visible, prestigious corner in Toronto's vibrant east end, this rare mixed-use offering presents a unique opportunity for investors, end users, and developers alike. Surrounded by a wave of new luxury condominium developments and just a short walk to the waterfront and Toronto's renowned Beaches, the location combines strong current income with outstanding future upside. The property features a well-established main floor commercial space currently operating as a convenience store, complemented by a spacious second-floor two-bedroom residential apartment. Both units are tenanted, providing immediate income stability while plans for repositioning or redevelopment are explored. The building includes a full-height basement with excellent access, offering additional storage or potential utility space. At the rear parking adds convenience and value-along with a detached freestanding shed structure that provides further flexibility for storage or ancillary use. Situated in a rapidly evolving neighbourhood with significant intensification, this high-profile corner lot is ideally suited for a variety of future uses, including boutique mixed-use redevelopment, upscale retail with residential above, or a long-term hold in one of Toronto's most desirable east-end corridors. Highlights: Prominent corner exposure with strong pedestrian and vehicular traffic Mixed-use building with commercial + residential income Large 2-bedroom apartment on the second floor Full-height basement with excellent access Rear parking + detached shed structure Steps to the Beaches, transit, and major amenities Surrounded by new luxury condo developments and neighbourhood growth. A rare chance to secure a cornerstone property in a thriving, high-demand community.

Property details

Property type
Store W Apt/Office
Style
2-Storey
Total rooms
6
Lot size
16.91 × 95 ft
Property taxes
$14,602 (2025)
Occupancy
Main Floor's tenant's lease expire October 31,2028
Days on market
62
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: May 26, 2026, 7:28 p.m. EDT via TRREB IDX.

First listed: May 21, 2026, 1:07 p.m. EDT.