1162 Queen St E is a 2-bathroom business in Toronto, listed for $59,800.
1Fantastic opportunity to rebrand this quick-service takeout restaurant into your own concept, or to use the space for alternative commercial purposes.
2The 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.
3The unit includes one parking spot at the rear and is easily accessible via the laneway for convenient deliveries.
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2 Bath Commercial Property in Toronto
About 1162 Queen Street East
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.
Toronto business priced at $59,800 — book a tour to see if it fits your search.
Inside 1162 Queen St E
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
1162 Queen St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio5040.9%On average, homes sold at or above asking.
Active listings13,316Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 9,409 sales from Jul 17 – Oct 15, 2026 (6,682 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1162 Queen St E is listed at $59,800 (MLS® E12757324). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1162 Queen St E changed?
Yes — it was first listed at $130,000 and is now $59,800, a drop of $70,200 (54.0%).
How many bedrooms and bathrooms does 1162 Queen St E have?
1162 Queen St E has 2 bathrooms. It is a commercial property in Toronto.
Is 1162 Queen St E close to transit?
The nearest rapid-transit station is Donlands Station (Line 2), about 2.1 km in a straight line. Pape Station is about 2.1 km, and Greenwood Station is about 2.2 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 1162 Queen St E compare with other homes in Toronto?
Its asking price of $59,800 is about 93% below the median sold price in Toronto over the last 90 days, $849,000, across 9,409 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1162 Queen St E been sold before?
Summitly has no earlier MLS® sale or lease of 1162 Queen St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1162 Queen St E?
1162 Queen St E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1162 Queen St E been on the market?
253 days — 1162 Queen St E was listed on February 4, 2026.
What is the land transfer tax on 1162 Queen St E?
About $646 at the asking price of $59,800: $323 Ontario land transfer tax plus $323 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 1162 Queen St E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 1162 Queen St E?
The listing for 1162 Queen St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 1162 Queen St E built?
The listing for 1162 Queen St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
