1985 Queen Street, Toronto, ON

$2,588,000
MLS#:E13636296
0 beds
3 baths
Commercial
Commercial for sale - 0 Bed, 3 Bath Home at 1985 Queen Street Toronto ON listed at $2,588,000 (MLS# E13636296) - Main View
For Sale

GTA Transit & Commute from this Address

Realistic rush-hour travel times from 1985 Queen Street

GO Train to Union Station

TTC Subway & GO Transit network: 10–25 min to Financial Core

Highway Access

Gardiner, DVP & 401: 5–12 min drive

Airport & Regional Link

Billy Bishop (YTZ): 10–15 min | Pearson (YYZ): 25 min

Added:Aug 4, 2026(103 days ago)
Updated:Aug 18, 2026(89 days ago)
Last Checked:18 minutes ago

Property Highlights

Welcome to this remarkable store w apt/office located in the coveted neighborhood of The Beaches. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,588,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 3 Bathrooms
  • Premium 25 x 125 ft lot size
  • equipped with yes central cooling and highly efficient gas forced air closed heating

Description

***WOW***Incredible opportunity on one of the most talked about and lively neighbourhoods of Toronto. This high-visibility, freehold mixed-use asset on Queen Street East features an established ground-floor commercial tenant and two 2-bedroom turnkey residential units, offering immediate income with high-yield potential. Located in Prime Beach, the property provides a unique combination of premium, updated residential suites and direct access to Kew Gardens, suitable for investors seeking strong cap rates or an owner-user live-work opportunity.The two upper-level two-bedroom apartments feature modern finishes, stone countertops, bright skylights, and in-suite laundry, ensuring a competitive advantage in Toronto's high-demand rental market. Combined with a perfect walk score, heavy pedestrian traffic, and immediate transit access, this property offers a rare combination of immediate commercial cash flow, residential upside, and premium real estate positioning.

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Property Summary

This store w apt/office located at 1985 Queen Street, Toronto is currently for sale and has been available for 103 days. This property is listed at $2,588,000 with an estimated mortgage of $8,614* per month. It has 0 beds, 3 bathrooms, and is unknown square feet. 1985 Queen Street, Toronto is in the The Beaches neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in The Beaches, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • •3 well-appointed bathrooms
  • •Desirable Store W Apt/Office architecture in The Beaches, Toronto
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bathrooms
3
Property Type
Commercial

Additional Details

StatusActive
Price$2,588,000
AddedAug 4, 2026 (103 days ago)
UpdatedAug 18, 2026 (89 days ago)
Last Checked18 minutes ago
Transaction TypeFor Sale
List Office NameKELLER WILLIAMS REFERRED URBAN REALTY

Property Details

Property Sub-TypeStore W Apt/Office
Lot Size25 Ă— 125 Feet
CountyToronto
Annual Tax$29,383.01
Rental ItemsHot water tank
Legal DescriptionPT LT U PL 90 CITY EAST AS IN CT966679; CITY OF TORONTO

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Closed
CoolingYes

Features

Property Features

None listed

Interior Features

None listed

Security Features

  • No

Community Features

  • Public Transit
  • Recreation/Community Centre

Property History

No historical data available for this property.

This could be the first listing for this address.

Toronto Home Buyer Advisory & Market HubActive MLS® Listing in Toronto, Ontario

Looking to Buy a Home in Toronto?

If you are looking for a house in Toronto or researching Toronto real estate for sale, this store w apt/office at 1985 Queen Street, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

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Dedicated Toronto Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Toronto Buyer Budget & Costs

Estimated mortgage: $8,614*/month*. Estimated Ontario Land Transfer Tax: $102,350. First-time Toronto home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Toronto

Frequently Asked Questions about 1985 Queen Street, Toronto, ON

Q.What is the asking price for 1985 Queen Street, Toronto, ON ?

The current listing price for 1985 Queen Street, Toronto, ON in The Beaches, Toronto is $2,588,000.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and 3 bathrooms.

Q.What property type and architectural style is 1985 Queen Street, Toronto, ON ?

1985 Queen Street, Toronto, ON is a Store W Apt/Office () featuring a basement.

Q.What neighborhood and community amenities are nearby?

Community features and nearby amenities include: Public Transit, Recreation/Community Centre.

Q.What security features are installed at 1985 Queen Street, Toronto, ON ?

Security features include: No.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via Yes.

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Location

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1985 Queen Street, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

The Beaches, Toronto

SAFETY RATING9.0 / 10
Low Incident Area
Total Annual Incidents279 incidents / yr
Average Per Month23.3 incidents / mo
Population Benchmark23,784 residents
Personal Safety
Moderate

141 assaults (590.2/100k)

Property Security
Moderate

30 B&E (125.6/100k)

Auto Theft Risk
Elevated

59 thefts (246.9/100k)

1-Year Trend
â–Ľ 5.1%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 1985 Queen Street E, Toronto, ON M4L 1J1

Estimated Sales Range
$2,459,000 - $2,536,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$776,400 (30.0%)
* Minimum Canadian down payment required for this price is $517,600.
Amortization Period30 Years
Estimated Monthly Payment$8,614Based on a loan of $1,811,600 over 30 years.
Purchase Price$2,588,000
Loan Amount$1,811,600
Provincial Land Transfer Tax:$51,175
Toronto Municipal Land Transfer Tax:$51,175
Total Estimated Closing Taxes:$102,350

About Purchasing a Home in Toronto, ON

For a property listed at $2,588,000 in Toronto, the legal minimum down payment is $517,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $51,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $51,175 also applies, bringing the total estimated land transfer taxes to $102,350.

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The Beaches, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for The Beaches, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,852,844

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in The Beaches, Toronto

Elementary Schools

Norway
Public390 Kingston Road, East York, Toronto, Ontario, M4L 1T9
7.6
Kew Beach
Public101 Kippendavie Avenue, Toronto, Ontario, M4L 3R3
8.2
Williamson Road
Public24 Williamson Road, Toronto, Ontario, M4E 1K5
7.9
Bowmore Road
Public80 Bowmore Road, East York, Toronto, Ontario, M4L 3J2
4.7
Kimberley
Public50 Swanwick Avenue, Toronto, Ontario, M4E 2Z5
6.4

Secondary Schools

Notre Dame
Public12 Malvern Avenue, Toronto, Ontario, M4E 3E1
7.7
Malvern
Public55 Malvern Avenue, Toronto, Ontario, M4E 3E4
9.1
Monarch Park
Public1 Hanson Street, East York, Toronto, Ontario, M4J 1G6
8.0

The Beaches, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

MLS® Active
$2,588,000

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