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1140 Queen Street

South Riverdale / Toronto E01, ON M4M 1L1

ActiveFor Sale
2 Beds
2 Baths
1,500 Sq Ft
Commercial
Virtual Tour Available

About This Property

Welcome to 1140 Queen Street East, a rare turn-key mixed-use gem in the heart of vibrant Leslieville! Situated directly along the 24/7 Queen streetcar line and minutes to the upcoming Leslieville Station, this modernized property offers peace of mind with a substantial rear addition, updated building systems, separate meters, central air, and new windows, doors, HVAC, and plumbing - meaning minimal to no CapEx anticipated for the next 10 years. The ground floor is tenanted by Scout, a beloved local business providing immediate, passive, and reliable retail rental income. A side right-of-way provides direct upper-level access via a well-lit walkway, preserving an efficient, uninterrupted main-floor retail footprint while leading to the private rear courtyard. Upstairs, a sun-drenched two-bedroom loft showcases large windows, a soaring skylight, exposed brick, quartz counters, modern appliances, in-suite laundry, and direct courtyard access. The upper level offers exceptional flexibility: generate a strong second rental income stream alongside the main floor tenant, run a sleek professional office, or move in to experience urban living at its finest. Building drawings, additional photos, floor plans, and financials are available upon request. This is a low-maintenance, turn-key property in one of Toronto's most dynamic neighbourhoods - ideal for an end-user to occupy the upper level for residential or office use, or a professional seeking a reliable, hassle-free holding. Come grab a coffee, lunch, and browse the shops, then drop by for a private tour of this incredible Leslieville opportunity!

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size1,500 sq ft
Bedrooms2
Bathrooms2
Taxes (2026)$14,519
Postal CodeM4M 1L1
Last UpdatedOct 28, 2026 · 7:01 a.m.

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Features & Amenities

  • Air Conditioning
  • Basement

Buying or selling in Toronto?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® E14120164

Listed by ROYAL LEPAGE ESTATE REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,689,000

asking price

MLS®E14120164
TypeCommercial
CityToronto E01
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$8,248

/month · $1,351,200 mortgage

Down Payment20% — $337,800
Interest Rate5.5%

Amortization

Total Interest

$1,123,083

Total Cost

$2,474,283

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

ROYAL LEPAGE ESTATE REALTY