894 Queen St E is a commercial in Toronto, listed for $2,750,000.
1The column-free, street-level commercial space features a prominent Queen Street East frontage with high pedestrian visibility, currently occupied by a well-established anchor restaurant with a secure, long-term lease.
2Featuring a highly coveted rear lane access for convenient loading and parking, this property is entirely worry-free.
3A brochure with financial information about this Listing is available.
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Commercial Property in Toronto
About 894 Queen Street East
Great investment. Positioned in the heart of trendy, high-traffic Leslieville, this meticulously maintained mixed-use property represents a turnkey investment with a great Net Operating Income and future development intensification upside. The column-free, street-level commercial space features a prominent Queen Street East frontage with high pedestrian visibility, currently occupied by a well-established anchor restaurant with a secure, long-term lease. Above, two expansive, full-floor walk-up residential apartments boast bright layouts, high ceilings, and significant rental upside-ideal for premium market-rent leasing or a sophisticated owner-occupier suite. The building has been flawlessly upkept by the current owner with extensive, high-ticket capital improvements, including a complete roof replacement new skylights (May 2023), a new A/C (August 2023), and a new boiler installed (September 2024). Featuring a highly coveted rear lane access for convenient loading and parking, this property is entirely worry-free. Situated steps from Jimmie Simpson Park and the upcoming Ontario Line transit hub, this versatile asset combines immediate cash flow from premier local tenancy with long-term capital appreciation in Toronto's most sought-after east-end commercial corridor. A brochure with financial information about this Listing is available.
Toronto commercial priced at $2,750,000 — book a tour to see if it fits your search.
Inside 894 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
894 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® E13533226$2,750,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 894 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 4-bed homes for sale in Toronto around $2.8M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5110.5%On average, homes sold at or above asking.
Active listings12,615Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 2 – Jul 31, 2026.
Based on 9,278 sales from Jul 31 – Oct 29, 2026 (6,995 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
894 Queen St E is listed at $2,750,000 (MLS® E13533226). Summitly updates the price as soon as the MLS® record changes.
Has the price of 894 Queen St E changed?
No — 894 Queen St E is still listed at its original asking price of $2,750,000.
How many bedrooms and bathrooms does 894 Queen St E have?
The listing for 894 Queen St E doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 894 Queen St E close to transit?
The nearest rapid-transit station is Chester Station (Line 2), about 2.1 km in a straight line. Pape Station is about 2.2 km, and Broadview Station is about 2.2 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 894 Queen St E compare with other homes in Toronto?
Its asking price of $2,750,000 is about 227% above the median sold price in Toronto over the last 90 days, $840,000, across 9,278 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 894 Queen St E been sold before?
Summitly has no earlier MLS® sale or lease of 894 Queen St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 894 Queen St E?
894 Queen St E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 894 Queen St E been on the market?
115 days — 894 Queen St E was listed on July 6, 2026.
What is the land transfer tax on 894 Queen St E?
About $110,450 at the asking price of $2,750,000: $55,225 Ontario land transfer tax plus $55,225 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 894 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 894 Queen St E?
The listing for 894 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 894 Queen St E built?
The listing for 894 Queen St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
