1349/1351 Queen St E is a 5-bedroom, 6-bathroom multiplex in Toronto, listed for $2,299,000. It has 5000 + sq ft of living space.
1Situated On A 42 X 100 Ft Lot, This Property Offers Potential For Additional Storeys, Condo, Apartment Or Hotel Development, With Mixed-Use Commercial Space At The Base.
2Just Steps From Vibrant Queen St.
3East, Enjoy Easy Access To Some Of The City's Best Restaurants, Cafes And Shops.
6-Plex Investor Opportunity With Excellent Development Potential In The Heart Of The Trendy Leslieville Neighbourhood. Situated On A 42 X 100 Ft Lot, This Property Offers Potential For Additional Storeys, Condo, Apartment Or Hotel Development, With Mixed-Use Commercial Space At The Base. Just Steps From Vibrant Queen St. East, Enjoy Easy Access To Some Of The City's Best Restaurants, Cafes And Shops. Potential Cap Rate Of 6% At Current Market Rents. Fully Tenanted With Roughly $8,900 Monthly Income. Floorplans, Survey, Exterior Photos Available. AS IS Where is . Vacant Possession. Ability To Sever Lot. 1349 & 1351 Queen St E. Are Adjoining Lots.
5 bedrooms, 6 bathrooms, about 5,000 sq ft, works out to roughly $460 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 1349/1351 Queen St E
Every detail from the listing, in one place.
Type
Multiplex
Style
3-Storey
Living space
5000 + sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Multiplex
1349/1351 Queen St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E14095108$2,299,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1349/1351 Queen St E Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$11,294
/mo
based on the purchase price of $2,299,000
$459,800 cash
$1,839,200 financed
$1,549,089 total interest
Principal54%$1,839,200
Interest46%$1,549,089
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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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.
Similar homes for sale nearby in Toronto
Other 4–12 bed homes for sale in Toronto around $2.3M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5097.1%On average, homes sold at or above asking.
Active listings12,464Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 9,303 sales from Jul 24 – Oct 22, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1349/1351 Queen St E is listed at $2,299,000 (MLS® E14095108). Summitly updates the price as soon as the MLS® record changes.
Is $2,299,000 a good price for 1349/1351 Queen St E?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1349/1351 Queen St E changed?
No — 1349/1351 Queen St E is still listed at its original asking price of $2,299,000.
How many bedrooms and bathrooms does 1349/1351 Queen St E have?
1349/1351 Queen St E has 5 bedrooms and 6 bathrooms, with about 5,000 square feet of living space. It is a multiplex in Toronto.
Is 1349/1351 Queen St E close to transit?
The nearest rapid-transit station is Greenwood Station (Line 2), about 2.1 km in a straight line. Donlands Station is about 2.1 km, and Coxwell Station is about 2.2 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1349/1351 Queen St E?
About $11,294 a month — principal and interest on $2,299,000 with 20% down ($459,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1349/1351 Queen St E compare with other homes in Toronto?
Its asking price of $2,299,000 is about 172% above the median sold price in Toronto over the last 90 days, $845,000, across 9,303 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 1349/1351 Queen St E been sold before?
Summitly has no earlier MLS® sale or lease of 1349/1351 Queen St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1349/1351 Queen St E?
1349/1351 Queen St E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1349/1351 Queen St E been on the market?
3 days — 1349/1351 Queen St E was listed on October 19, 2026.
What is the price per square foot of 1349/1351 Queen St E?
About $460 per square foot: the asking price of $2,299,000 over the 5,000 sq ft the listing gives.
Does 1349/1351 Queen St E have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
