2327 Queen ST E Active

Toronto E02,ON M4E 1G7

$ 7695000

- Bed

- Bath

10570 SqFt


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

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