1597 Queen Street

Toronto E01, ON

2 bath
1,200 sqft
Sale Of Business
16 days on market

$59,900

Featuring a high ceiling, professionally installed commercial hood and fire suppression system, and liquor licence application. The full building is currently being renovated to suit. Base Rent: $4,500/month + $1,500 TMI. Additional unit options are available if more or less space is required, providing flexibility to accommodate a variety of business concepts. Shelby's and the History music venue, with Drake's iconic venue just steps away. A fantastic opportunity for an owner/operator looking to capitalize on the strong Queen Street East location and growing neighbourhood. New HVAC being installed, 1 parking, up to 600 amps of power. New kitchen being installed with potential for liquor licence.

Listing Details

Listed: September 2, 2026

Price History

Listing history

Property

Lot Size: 85 x 100 Feet

Parking

Garage: Boulevard

Location & Legal

Cross Street: Queen and Woodbine
Zoning: CR2(c1;r2)*1581)
Possession: Flexible
Occupancy: Vacant

Commercial

Business Type: Restaurant

Community

Postal area M4L

Population: 32,218
Private dwellings: 14,789
Median age: 40.8
Average household size: 2.3
Median household income: $101,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto E01 · last 12 months

Median sold price: $1,183,000
Homes sold: 690
Median days on market: 9
Sale-to-list price: 106.2%

Based on 690 recorded sales of commercial properties in Toronto E01 over the last 12 months.

Listed by

Royal LePage Real Estate Associates

Walk Score

Walk

Transit

Bike

Scores by Walk Score®

Location

Street View

Commercial figures

Building area: 1,200 sq ft
Price per sq ft: $49.92

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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