Map pin1610 Queen Street East, Toronto, ON, M4L 1G2, CA

1608-1610 Queen Street East

1608-1610 Queen Street East_Property for Sale

Attributes

Building area net
502 m²
Land area gross
522 m²
Occupancy
100%
WAULT
4.4 years
Zoning
CR

Asset Description

Jones Lang LaSalle Real Estate Services, Inc. is pleased to present an opportunity to a acquire a mixed-use retail and residential asset located at 1608-1610 Queen Street East (the “Property” or “Site”). Centrally positioned at the boarder of Leslieville and the Beaches, the Property offers 40 feet (“FT”) of Queen Street frontage, with direct transit access via Coxwell Station along TTC Line 2, and Woodbine Beach just 500 meters to the South. 


1608-1610 Queen Street East is improved with a two (2) storey mixed-use asset, totalling 5,968 square feet (“SF”), comprised of two (2) commercial units at grade and four (4) residential units. The Property is fully occupied, with a weighted average lease term (“WALT”) of 4.4 years, offering stable in-place holding income and future rental upside. The Property’s strategic positioning along Queen Street East offers significant long-term redevelopment potential, with the opportunity to scale through the assembly of the adjacent parcels of land.

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Investment Highlights

  • Premier Location
  • Secure Holding Income
  • Transit Oriented
  • Intensifying Area
  • Future Redevelopment Potential
1608-1610 Queen Street East 4_Property for Sale
1608-1610 Queen Street East 4_Property for Sale
1608-1610 Queen Street East (0 Properties)

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Last updated
26 Sep 2024