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728 & 732 Queen Street E
South Riverdale Toronto M4M 1H2

$7,750,000 /For Sale
Commercial

Main Photo: 728 & 732 Queen Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12296914
Photo 1: 728 & 732 Queen Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12296914
Photo 2: 728 & 732 Queen Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12296914
Photo 3: 728 & 732 Queen Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12296914
Photo 4: 728 & 732 Queen Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12296914
Photo 5: 728 & 732 Queen Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12296914
Photo 6: 728 & 732 Queen Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12296914
Photo 7: 728 & 732 Queen Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12296914
Photo 8: 728 & 732 Queen Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12296914
Photo 9: 728 & 732 Queen Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12296914
Photo 10: 728 & 732 Queen Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12296914
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E12296914
Bus Major:
Retail Store Related
Rare opportunity to acquire two fully upgraded, income-generating mixed-use buildings in the heart of Riverside in one of Toronto's most sought-after neighbourhoods. Located just east of Broadview Avenue, both assets are steps from 24-hour streetcar service, future East Harbour transit hub, and surrounded by some of the city's best independent retail, dining, and lifestyle amenities. Together, the buildings total 8,269 SF across retail and residential uses, offering a stable, diversified income stream. Each property features ground floor commercial units with established tenants on long-term leases, and modernized upper-level apartments with strong tenant demand and consistent turnover-driven rent upside. With 10 fully leased units across both buildings, the assets are 100% stabilized and require minimal landlord involvement. Extensive capital upgrades have been completed throughout, ensuring low near-term maintenance and strong tenant retention. The mixed-use configuration provides income durability and resilience across asset classes. With continued gentrification, strong local demographics, and a rapidly evolving transit infrastructure, this offering is ideal for private investors seeking long-term value and urban exposure in a proven Toronto neighbourhood. All units have individual HVAC systems for cooling and heating using tankless combo units, individually metered for Hydro and Gas, and sub-metered for water. All residential units benefit from in-suite washer & dryer. 728 Queen St East totals 5,707 SF and 732 Queen St East totals 2,842 SF.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
8549 sq. ft. Square Feet
Total Area:
8,549 sq. ft.
Retail Area:
2842 sq. ft. Sq Ft
Office/Apt Area:
5707 sq. ft. Sq Ft
Depth:
95'
Frontage:
26'
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
CR2.5(c2;r2*2294)
Heating type:
Other
Garage:
Public
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$47,013.57 / 2025
Assessment:
$- / -
Toronto E01
South Riverdale
Toronto
Partial
Please note that this is a portfolio listing: 728 Queen Street East: Retail Area: 2,152 sf + Apartment Area: 3,555 sf (Total: 5,707 sf) Lot Front: 26 ft, Lot Depth: 95 ft ARN: 190407310006100. 732 Queen Street East: Retail Area: 1,862 sf + Apartment Area: 980 sf (Total: 2,842 sf) Lot Front: 20 ft, Lot Depth: 95 ft ARN: 190407310005900.
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Retail Store Related
Category:
Retail
Date Listed:
Jul 21, 2025
Original Price:
$7,750,000
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Listed by CUSHMAN & WAKEFIELD
Data was last updated August 16, 2025 at 04:15 AM (UTC)
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