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Listing photo of 1349/1351 QUEEN STREET E

Toronto

Toronto

$2,299,000

1349/1351 QUEEN STREET E, Toronto, M4L1C7

MLS Number: E14095108

Beds

10

Baths

6

Listing

For Sale

Type

Freehold

Square Feet

5,000 - 100,000

6-Plex Investor Opportunity With Excellent Development Potential In The Heart Of The Trendy Leslieville Neighbourhood. Situated On A 42 X 100 Ft Lot, This Property Offers Potential For Additional Storeys, Condo, Apartment Or Hotel Development, With Mixed-Use Commercial Space At The Base. Just Steps From Vibrant Queen St. East, Enjoy Easy Access To Some Of The City's Best Restaurants, Cafes And Shops. Potential Cap Rate Of 6% At Current Market Rents. Fully Tenanted With Roughly $8,900 Monthly Income. Floorplans, Survey, Exterior Photos Available. AS IS WHERE IS . Vacant Possession. Ability To Sever Lot. 1349 & 1351 Queen St E. Are Adjoining Lots.

Location

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1349/1351 QUEEN STREET E, Toronto, M4L1C7

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Nearby Schools

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Down Payment

$459,800

Mortgage Amount

$1,839,200

Principal + Interest

$10,634 / mo

5-Year Term Payments

$638,054

Estimated Monthly Carrying Cost

$11,284

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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