$7,695,000
Est. payment /mo
10,570 SqFt
New
2327 Queen ST E Toronto E02, ON M4E 1G7
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 10,570 sqft
Price per Sqft $728
Subdivision The Beaches
MLS Listing ID E12065873
Annual Tax Amount $51,599
Tax Year 2024
Property Sub-Type Investment
Property Description
2327 Queen St E is a 27-Unit walk-up Apartment building located in the highly sought after Beaches Neighbourhood. With a 50% gap to market on in place rents, the opportunity presents investors with near term upside upon turnover in the building. The property is ideally located steps from restaurants, grocery stores, and schools. Additionally, the property benefits from proximity to Lake Ontario and numerous other green spaces such as Balmy Beach Park, Glen Stewart Park, and Woodbine Park.
Location
Province ON
County Toronto
Community The Beaches
Area Toronto
Zoning MCR T2.0 C0.5 R2.0.
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 104.5
Lot Depth 100.0
Listed by CUSHMAN & WAKEFIELD