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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
4 Bath Commercial Property in Toronto
About 1398 Queen Street East
Rare opportunity to acquire a charming Victorian mixed-use commercial/residential building on vibrant Queen Street East. Offering approximately 2,541 sq. ft. above grade, including 1,070 sq. ft. on the main level currently configured as a professional wellness clinic featuring a reception area, multiple treatment rooms, staff area and washrooms. Above, approximately 1,471 sq. ft. of residential space includes a spacious 2-bedroom apartment along with additional accommodation space currently utilized for short-term stays, offering flexibility for owner occupancy, guest accommodations, home office use or supplemental income. Detached one-car garage plus a separate studio space ideal as a meeting room, private office, creative workspace or consultation area. Rear lane access may offer future redevelopment opportunities, subject to buyer due diligence and municipal approvals. Basement storage and premium Queen Street East exposure. Ideally situated just east of the recently completed Ashbridge development, benefiting from increased residential density and foot traffic in the area. CR zoning permits a wide range of commercial and residential uses. Ideal for owner-operators, investors, healthcare professionals and professional service firms seeking a highly visible Queen Street East location with residential income potential and strong long-term upside.
Toronto commercial priced at $1,789,000 — book a tour to see if it fits your search.
Inside 1398 Queen St E
Every detail from the listing, in one place.
Type
Commercial
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Store W Apt/Office
1398 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® E13751872$1,789,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1398 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.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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 2–3 bed homes for sale in Toronto around $1.8M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4987.8%On average, homes sold at or above asking.
Active listings12,351Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 29 – Jul 28, 2026.
Based on 9,511 sales from Jul 28 – Oct 26, 2026 (6,903 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1398 Queen St E is listed at $1,789,000 (MLS® E13751872). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1398 Queen St E changed?
No — 1398 Queen St E is still listed at its original asking price of $1,789,000.
How many bedrooms and bathrooms does 1398 Queen St E have?
1398 Queen St E has 4 bathrooms. It is a commercial property in Toronto.
Is 1398 Queen St E close to transit?
The nearest rapid-transit station is Greenwood Station (Line 2), about 2.0 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 does 1398 Queen St E compare with other homes in Toronto?
Its asking price of $1,789,000 is about 113% above the median sold price in Toronto over the last 90 days, $840,000, across 9,511 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 1398 Queen St E been sold before?
Summitly has no earlier MLS® sale or lease of 1398 Queen St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1398 Queen St E?
1398 Queen St E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1398 Queen St E been on the market?
48 days — 1398 Queen St E was listed on September 8, 2026.
What is the land transfer tax on 1398 Queen St E?
About $64,510 at the asking price of $1,789,000: $32,255 Ontario land transfer tax plus $32,255 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 1398 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 1398 Queen St E?
The listing for 1398 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 1398 Queen St E built?
The listing for 1398 Queen St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.