708 The Queensway Toronto, Ontario M8Y 1L3

$1,400,000

Welcome to 708 The Queensway, situated in the highly desirable and rapidly expanding Stonegate-Queensway neighbourhood. This exceptional two-storey brick commercial-residential property encompasses 3,011 square feet of above-grade space and presents a compelling opportunity to live, work, and invest. The property features two street-front commercial units, each ideally suited for a diverse range of business operations. The basement level beneath the commercial units remains unfinished, offering significant development potential for future expansion or additional revenue streams.The self-contained residential apartment is independently metered and comprises three bedrooms, a full kitchen, and a bathroom. A detached single-car garage provides secure vehicle storage. Notably, this is a rare 25-foot-wide building, maximizing floor space and versatility.The property's location offers exceptional convenience and strategic positioning. Proximity to the QEW and the recently revitalized Kipling Transit Hub provides seamless connectivity to the TTC, GO Transit, and MiWay Mississauga Transit, ensuring superior regional mobility. The area is experiencing significant revitalization, with multiple new condominium developments planned within a 2-kilometre radius, enhancing long-term property value and neighbourhood amenities. Excellent shopping, dining, business services, and proximity to Pearson International Airport further strengthen this investment opportunity. Residential unit IS Vacant, Main floor retail Currently leased on a month-to-month basis with potential for vacancy. This property represents a rare opportunity to acquire a distinctive mixed-use asset in a transforming, high-demand neighbourhood. (id:50033)

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https://www.realtor.ca/real-estate/30339764/708-the-queensway-toronto-stonegate-queensway-stonegate-queensway