1162 Queen Street E
South Riverdale, Toronto, M4M 1L4
$59,800
Reduced $70,200 from $130,000
- 2 bathrooms
Listed 257 days ago · MLS® E12757324
About this home
Fantastic opportunity to rebrand this quick-service takeout restaurant into your own concept, or to use the space for alternative commercial purposes. Located in the desirable Leslieville community, this property benefits from strong foot traffic and excellent street visibility. The space is approximately 727 sq. ft. and features an attractive remaining lease term of just under five years, with one additional five-year renewal option. The unit includes one parking spot at the rear and is easily accessible via the laneway for convenient deliveries. The sale of the business includes all equipment currently in the space. Please do not go direct or speak with staff.
Details
- Type
- Sale Of Business
- Lot
- 24 × 76 ft
- Garage
- Outside/Surface
- Property tax
- $11,439 (2025)
- Neighbourhood
- South Riverdale
- Municipality
- Toronto E01
Interior
- Bathrooms
- 2 × bathroom
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Water and sewer
- Sanitary+Storm
- Utilities
- Yes
Building and exterior
- Building area
- 727 Square Feet
More
- Possession
- TBD
- Cross street
- Queen Street East and Jones Avenue
- Business type
- Fast Food/Takeout
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
- 🚇 Donlands Subway2.1 km
- 🚇 Pape Subway2.1 km
- 🚆 Danforth GO3.7 km
Within a 10-minute walk: 9 grocery stores, 68 cafés and restaurants, 13 parks, 6 pharmacies. Nearest grocery: Raise the Root (0 m). Nearest park: Leslie Grove Park (100 m).
Schools nearby
Elementary
- Bruce Public School
EQAO: Gr 6 reading 93%, math 43%3 min walk - St. Joseph Catholic School Catholic
EQAO: Gr 6 reading 92%, math 58%5 min walk - Leslieville Junior Public School
EQAO: Gr 6 reading 74%, math 33%8 min walk - Morse Street Junior Public School
EQAO: Gr 6 reading 85%, math 71%11 min walk
Secondary
- Riverdale Collegiate Institute
EQAO: Gr 9 math 77%, literacy test 95%13 min walk - East Alternative School of Toronto18 min walk
- Eastdale Collegiate Institute1.3 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area M4M
- Owners / renters
- 56% / 44%
- Median household income
- $99,000
- Average age
- 40
- Children under 15
- 14%
- Homes
- 6% detached, 25% high-rise
- Commute by transit
- 25%
- Population
- 25,052
Languages spoken most at home besides English: Yue (Cantonese) 6.3%, Mandarin 3.5%, Vietnamese 1.5%, Spanish 0.6%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Major crime per resident in South Riverdale (2025): about the Toronto average, down 17% from the year before.
- Assaultabout average
- Break and enter40% above average
- Auto theftabout average
- Robberyabout average
- Theft from vehicles65% above average
- Shootings61% below average
Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).
Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.
Development nearby 6 active
-
20 LESLIE ST · 400 mOfficial Plan / Zoning By-law Amendment · Appeal Received · applied 2025Proposed Official Plan Amendment Application seeking to remove the site from Employment Areas as shown on Map 2 (Urban Structure) of the Official Plan and to…Application details
-
50 LAING ST · 450 mSite Plan · NOAC Issued · applied 2022Site Plan application to permit two apartment buildings (Building A: 7 storeys, 24.5m and Building B: four storeys, 13.8m) of with a total of 130 dwelling…Application details
-
1233 QUEEN ST E · 200 mSite Plan · NOAC Issued · applied 2022Site Plan Control application to facilitate the redevelopment of the site for a 9-storey mixed-use building having a non-residential gross floor area of…Application details
-
675 EASTERN AVE · 400 mSite Plan · NOAC Issued · applied 2020Site Plan approval application for the construction of a private road with public access easement to connect Eastern Ave and Lake Shore Blvd E, as contemplated…Application details
-
1249 QUEEN ST E · 250 mSite Plan · NOAC Issued · applied 2019Proposal for a 6 storey mid-rise building with 29 dwelling units, commercial space at grade and two levels of below grade parking.Application details
-
1001 QUEEN ST E · 450 mSite Plan · NOAC Issued · applied 2018Site Plan Control application fpr a proposed mixed use building with an overall height of 6-storeys (inclusive of mechanical). A total of 16 residential units…Application details
7 more within 500 m.
Rezoning, site plan, subdivision and condominium applications filed with the city.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.
Living here
Commute
To Union Station (downtown Toronto): 4 km. Transit times · Driving times
Coming transit
- 🚧 Gerrard 950 m
- 🚧 Leslieville Ontario Line1.1 km · opening early 2030s
- 🚧 East Harbour Ontario Line1.5 km · opening early 2030s
Stations under construction or approved. Opening dates are the latest public estimates and often move.
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
What can be built CR
Commercial Residential (with a site-specific exception).
From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.
Building permits
- Interior Alterations · 2021 · Inspectioninterior alterations to main floor & basement for new retail take out store "Submarine to Go"
4 permits on this block of the street in the last 2 years.
Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.
Trees
43 City street trees within 100 m. That’s about the Toronto average of 42.
Trees on City boulevards only, not private yards or parks.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by RE/MAX REALTRON REALTY INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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