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New4 hours ago

1304 Queen Street E

South Riverdale, Toronto

$1,800,000

Freehold Townhouse|Other
6 | 10 | 2
About this home

Prime turnkey investment opportunity in sought after, trendy Leslieville! Approximately 4000 sq. ft. 5 income streams - Bakery (in lease until June 2032), 1 studio & three 2 bedroom units all on month to month leases. Gorgeous shared rooftop terrace. Separate Hydro Meters for all units as all tenants pay their own hydro. 2 Parking At Rear. Loads Of Storage In Basement. Building recently waterproofed (Oct 2026) and hallways freshly painted. Building is much larger than it appears. Showings only on Thursdays 5-6pm and Saturdays 12-1pm with min 24 hours notice. Listing agent to be present for all showings. No exceptions as we want to minimize tenant disruption. Please review all financials and floor plans before making any inquires.

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agent
Jonathan Lee
(647) 983-0770
TypeAtt/Row/Townhouse
StyleOther
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$19,000
Lot Size19.78 ft x 103.56 ft
mls© NumberE14081286
Listed ByRE/MAX HALLMARK REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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
$1,583
Heat allowance
$150
Housing costs
$10,947 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $360,000
25-yr amortization

Income needed

$337,000

gross annual household income

Payment at 4%
$7,575 / mo
Cash down
$360,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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