894 Queen Street E, Toronto, ON M4M 1J3
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.
- MLS number
- E13533226
- Type
- Store W Apt/Office
- Status
- Active
- Bedrooms
- —
- Bathrooms
- —
- Postal code
- M4M 1J3
- Photos
- 18
- Property tax
- $22,358 / year
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Store W Apt/Office
- Class
- Commercial
- Community
- South Riverdale
- Municipality
- Toronto E01
- Cross street
- Queen/Booth
- Zoning
- CR 2.5(c1,r2*2224)
Land
- Lot
- 20.5 × 100 feet
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
- Water
- Municipal
Listing
- MLS number
- E13533226
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-07-06
- Expires
- 2026-12-06
- Taxes
- $22,358 (2025)
- Board
- Toronto Regional Real Estate Board
Listing history
No previous listings found for this address.
Where this property is
Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.
Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
School boundaries this address is inside
Where these boundaries come from, and what they are worth
A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.
Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.
Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.
Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Dundas Junior Public School Toronto DSB | Elementary | 545 m | / 10 59% met the standard · 3 of 6 measures |
| SEED Alternative School Toronto DSB | Secondary | 661 m | Not reported |
| Eastdale Collegiate Institute Toronto DSB | Secondary | 794 m | Not reported |
| Bruce Public School Toronto DSB | Elementary | 724 m | / 10 68% met the standard |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 505 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35203193 — the few blocks around this address, home to 505 people. It describes the area, not this property.
Percentages are of the 345 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.
What’s being built nearby
Planning applications within 500 m — 5 still in progress.
Site Plan Control Placeholder for Leslieville Station, one of the stations included in the Ontario Line Elevated Guideway and Stations contract.
City planning file →Application for Site Plan Control to permit a 9-storey mixed use building, containing 78 rental units and 195 square metres of commercial gross floor area.
City planning file →OPA and Rezoning for a 10-storey mixed-use building (including mezzanine) having a non-residential gross floor area of 213.5 square metres, and a residential gross floor area of 5,485.4 square metres. A total of 70 dwelling units are proposed.
City planning file →Site Plan Control application fpr a proposed mixed use building with an overall height of 6-storeys (inclusive of mechanical).…
City planning file →Zoning By-law amendment to allow the redevelopment of a parking lot with a 6-unit townhouse block(1828.0 sq. m.). The future townhouse lots will be parcels of tied land to a common element drive aisle.
City planning file →Draft Plan of Condominium appliaation respecting a newly-constructed mixed-use building: 122 dwelling units, 134 parking spaces
City planning file →Draft Plan of Condominium aaplication for recently constructed building:59 dwelling units
City planning file →Zoning By-law amendment to allow the redevelopment of a parking lot with a 6-unit townhouse block(1828.0 sq. m.). The future townhouse lots will be parcels of tied land to a common element drive aisle.
City planning file →What these are
These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.
Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.
Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.