
Toronto
Toronto
$1,689,000
1140 QUEEN STREET E, Toronto, M4M1L1
MLS Number: E14120164
Beds
2
Baths
2
Listing
For Sale
Type
Freehold
Square Feet
N/A
Welcome to 1140 Queen Street East, a rare turn-key mixed-use gem in the heart of vibrant Leslieville! Situated directly along the 24/7 Queen streetcar line and minutes to the upcoming Leslieville Station, this modernized property offers peace of mind with a substantial rear addition, updated building systems, separate meters, central air, and new windows, doors, HVAC, and plumbing - meaning minimal to no CapEx anticipated for the next 10 years. The ground floor is tenanted by Scout, a beloved local business providing immediate, passive, and reliable retail rental income. A side right-of-way provides direct upper-level access via a well-lit walkway, preserving an efficient, uninterrupted main-floor retail footprint while leading to the private rear courtyard. Upstairs, a sun-drenched two-bedroom loft showcases large windows, a soaring skylight, exposed brick, quartz counters, modern appliances, in-suite laundry, and direct courtyard access. The upper level offers exceptional flexibility: generate a strong second rental income stream alongside the main floor tenant, run a sleek professional office, or move in to experience urban living at its finest. This is a low-maintenance, turn-key property in one of Toronto's most dynamic neighbourhoods - ideal for an end-user to occupy the upper level for residential or office use, or a professional seeking a reliable, hassle-free holding. Come grab a coffee, lunch, and browse the shops, then drop by for a private tour of this incredible Leslieville opportunity!
Location
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1140 QUEEN STREET E, Toronto, M4M1L1
Nearby Schools
Schools near 1140 QUEEN STREET E
Distances are measured in a straight line from this property.
Bruce Public School
Elementary school · Grades JK-8
Toronto DSB
51 Larchmount Ave, Toronto, Ontario, M4M2Y6
St Joseph Catholic School
Elementary school · Grades JK-8
Toronto CDSB
176 Leslie St, Toronto, Ontario, M4M3C7
Morse Street Junior Public School
Elementary school · Grades JK-6
Toronto DSB
180 Carlaw Ave, Toronto, Ontario, M4M2R9
Leslieville Junior Public School
Elementary school · Grades JK-6
Toronto DSB
254 Leslie St, Toronto, Ontario, M4M3C9
Riverdale Collegiate Institute
Secondary school · Grades 9-12
Toronto DSB
1094 Gerrard St E, Toronto, Ontario, M4M2A1
Duke of Connaught Junior and Senior Public School
Elementary school · Grades JK-8
Toronto DSB
70 Woodfield Rd, Toronto, Ontario, M4L2W6
Pape Avenue Junior Public School
Elementary school · Grades JK-6
Toronto DSB
220 Langley Ave, Toronto, Ontario, M4K1B9
Blake Street Junior Public School
Elementary school · Grades JK-6
Toronto DSB
21 Boultbee Ave, Toronto, Ontario, M4J1A7
Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.
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Down Payment
$337,800
Mortgage Amount
$1,351,200
Principal + Interest
$7,813 / mo
5-Year Term Payments
$468,758
Estimated Monthly Carrying Cost
$8,463
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
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