106 Queen Street E Toronto, Ontario M5C 1S6
$1,499,900
Huge price reduction! Prime mixed-use opportunity in the heart of downtown. Three-storey building plus basement with strong income potential and flexible future use .Main floor currently operating as a restaurant, providing immediate commercial presence and street-level exposure. Second and third floors are vacant-ideal for office, creative workspace, or conversion to residential units. Excellent opportunity to add value through repositioning or lease-up. Bright, south-facing upper levels offer loft-style space with high ceilings and natural light-well suited for modern office or residential layouts. At the rear, a separate bachelor unit provides additional income, currently tenanted on a month-to-month basis. Well-priced asset with multiple exit strategies: hold and lease, reposition, or partial residential conversion. Please note that the property is listed as historical. Retail is tenanted, 2nd floor is vacant, 3rd floor is vacant, back (2nd floor) bachelor unit is tenanted - all tenants to be assumed (id:63203)
Property Details
| MLS® Number | C12899468 |
| Property Type | Retail |
| Community Name | Church-Yonge Corridor |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,410 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 100 Ft ,8 In |
| Size Frontage | 15 Ft ,11 In |
| Size Irregular | 15.98 X 100.69 Ft |
| Size Total Text | 15.98 X 100.69 Ft |
| Zoning Description | Commercial |
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