1562 Queen Street E

Greenwood-Coxwell, Toronto, M4L 1E9

$1,275,000

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Listed 28 days ago · MLS® E13813862

About this home

An Outstanding Opportunity To Own A Fully Tenanted Mixed-Use Property Along Toronto's Vibrant Queen East Corridor! Set On A 16.25 X 95 Ft Lot, This High-Income-Producing Property Offers Excellent Value With A High Visibility Street Level Commercial Storefront, A Spacious Two-Bedroom Residential Apartment Above And Two-Car Parking At The Rear. The Main Floor Features Approximately 706 Sq. Ft. Of Commercial Space, Currently Occupied By An Established Retail Tenant, Plus A Full Lower Level Providing Valuable Additional Storage And Utility Space. The Approximately 824 Sq. Ft. Upper-Level Apartment Features Two Bedrooms, A Separate Living Room, Kitchen And Full Bathroom. Both Commercial And Residential Tenancies Are Already In Place, Providing Immediate Income From Day One. Ideally Positioned On A Lively Stretch Of Queen Street East Where Leslieville Meets The Beaches, Surrounded By An Eclectic Mix Of Independent Shops, Restaurants, Cafés And Neighbourhood Amenities. Directly Across From The New Queen & Ashbridge Condominiums, Bringing Hundreds Of New Residents To The Immediate Area, With Continued Development And New Shops Adding To The Energy Of This Rapidly Evolving Stretch Of Queen East. Excellent Pedestrian And Vehicular Exposure, 24-Hour TTC Service At The Doorstep And Convenient Access To Downtown And Toronto's East-End Neighbourhoods. An Excellent Value And Compelling Opportunity To Acquire A Fully Tenanted, High-Income-Producing Mixed-Use Asset Along One Of Toronto's Most Established And Desirable Commercial Corridors.

Details

Type
Store W Apt/Office
Lot
16.25 × 95 ft
Garage
Outside/Surface
Property tax
$10,946 (2026)
Neighbourhood
Greenwood-Coxwell
Municipality
Toronto E01

Heating, cooling and services

Heating
Water Radiators
Utilities
Yes

Building and exterior

Building area
1,530 Square Feet

More

Possession
Flexible
Cross street
Queen St E/Coxwell

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

  • 🚇 Coxwell Subway2.0 km
  • 🚇 Greenwood Subway2.1 km
  • 🚆 Danforth GO2.7 km

Within a 10-minute walk: 5 grocery stores, 40 cafés and restaurants, 15 parks, 4 pharmacies. Nearest grocery: Ambrosia (50 m). Nearest park: Jonathan Ashbridge Park (150 m).

Schools nearby

Elementary

  • Duke of Connaught Junior and Senior Public School
    EQAO: Gr 6 reading 85%, math 53%
    5 min walk
  • Roden Public School
    EQAO: Gr 6 reading 88%, math 44%
    14 min walk
  • Equinox Holistic Alternative School
    EQAO: Gr 6 reading 81%, math 44%
    15 min walk
  • St. Joseph Catholic School Catholic
    EQAO: Gr 6 reading 92%, math 58%
    16 min walk

Secondary

  • Riverdale Collegiate Institute
    EQAO: Gr 9 math 77%, literacy test 95%
    1.3 km
  • Monarch Park Collegiate Institute
    EQAO: Gr 9 math 70%, literacy test 88%
    1.4 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 M4L

Owners / renters
61% / 39%
Median household income
$101,000
Average age
40
Children under 15
18%
Homes
19% detached, 7% high-rise
Commute by transit
22%
Population
32,218

Languages spoken most at home besides English: Yue (Cantonese) 3%, Mandarin 0.7%, Spanish 0.7%, Urdu 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 Greenwood-Coxwell (2025): 21% below the Toronto average, down 30% from the year before.

  • Assaultabout average
  • Break and enter28% below average
  • Auto theft34% below average
  • Robbery26% below average
  • Theft from vehiclesabout average
  • Shootings21% 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 7 active

  • 1684 QUEEN ST E · 450 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2025
    Official Plan & Zoning By-law Amendment for a 10-storey mixed-use building with a height of 34.95 metres (plus a 5.5 metre mechanical penthouse). The proposed…
    Application details
  • 1594 QUEEN ST E · 100 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2022
    Rezoning for proposed 6-storey mixed-use building with 181 m² of non-residential gross floor area at grade and 30 residential units above (2,526 m² residential…
    Application details
  • 17 RHODES AVE · 150 m
    Site Plan · Under Review · applied 2022
    Site Plan Application to convert existing church to a 4-storey, 26-unit apartment building.
    Application details
  • 1763 DUNDAS ST E · 350 m
    Site Plan · Under Review · applied 2022
    Rezoning for proposed for a 4-storey residential building having a gross floor area of 1412 square metres consisting of 26 residential units, 2 parking space,…
    Application details
  • 1763 DUNDAS ST E · 350 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2022
    Rezoning for proposed for a 4-storey residential building having a gross floor area of 1412 square metres consisting of 26 residential units, 2 parking space,…
    Application details
  • 1684 QUEEN ST E · 450 m
    Site Plan · Under Review · applied 2021
    Site Plan Approval for a 6-storey mixed-use building having a non-residential gross floor area of 1120 square metres, and a residential gross floor area of…
    Application details

6 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): 5 km. Transit times · Driving times

Coming transit

  • 🚧 Gerrard 1.9 km

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.

Full lot check · Run the numbers

Building permits

  • Change of Use · 2022 · Inspection
    To change use from Barber/Hair Salon to retail Cannabis Store (no proposed construction)

14 permits on this block of the street in the last 2 years, including 2 new homes.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

62 City street trees within 100 m. That’s more than 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 ROYAL LEPAGE ESTATE REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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