1572 QUEEN STREET E, Toronto, Ontario
$1,599,000
- 2 Beds
- 2 Baths
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. (id:23309)
- Listing ID: E13156476
- Property Type: Single Family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1572 QUEEN STREET E in Toronto Ontario. It was last modified on May 21st, 2026. Contact Tom Linkletter to schedule a viewing or to discover other Toronto homes for sale.