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Greenwood-Coxwell, Toronto
$1,800,000
A Rare Queen Street East Opportunity! Spacious Family Home, Storefront & Separate One-Bedroom Apartment! Discover the possibilities at 1394 Queen Street East! This unique 2.5-storey, four-bedroom, four-bathroom residence combines generous family living with a street-facing storefront, a separate two-level, one-bedroom apartment and three-car laneway parking. An exceptional opportunity for those seeking a versatile property with potential for a live-work arrangement, extended family accommodation or potential additional income. The main residence welcomes you with a large foyer featuring built-in closets, while the main floor offers two bedrooms with flexibility for family, guests or a home office. The second floor features a bright and airy open-concept living and dining area, a separate den with a walkout to a balcony, and a convenient two-piece bathroom. The large kitchen offers plenty of space for cooking and gathering, with a walkout to an expansive deck complete with a BBQ area, hot tub and sitting space, perfect for entertaining or relaxing outdoors. The third floor offers a spacious primary retreat featuring a large bedroom, four-piece ensuite and walkout to an additional outdoor area with terrace potential. The basement provides room for an office or potential bedroom, plus a large storage area. At the rear, a separate two-level, one-bedroom apartment offers additional flexibility for extended family, guests or potential rental income. Facing Queen Street East, the storefront features its own two-piece bathroom and offers potential for a small business, studio or professional workspace. Steps to Leslieville, The Beaches, the waterfront trails, TTC, shops, restaurants and amenities along Queen St. this one is not to be missed!!
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $11,019 |
| Lot Size | 25 ft x 120 ft |
| mls© Number | E14031468 |
| Listed By | THE WEIR TEAM, BROKERAGE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $9,213
- Property tax
- $918
- Heat allowance
- $150
- Housing costs
- $10,281 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$316,000
gross annual household income
- Payment at 4%
- $7,575 / mo
- Cash down
- $360,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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