1398 Queen Street E
1398 Queen Street E
$1,891,249
$545/sq ft · 34 days on market
About This Listing
Rare opportunity to acquire a charming Victorian mixed-use commercial/residential building on vibrant Queen Street East. Offering approximately 2,541 sq. ft. above grade, including 1,070 sq. ft. on the main level currently configured as a professional wellness clinic featuring a reception area, multiple treatment rooms, staff area and washrooms. Above, approximately 1,471 sq. ft. of residential space includes a spacious 2-bedroom apartment along with additional accommodation space currently utilized for short-term stays, offering flexibility for owner occupancy, guest accommodations, home office use or supplemental income. Detached one-car garage plus a separate studio space ideal as a meeting room, private office, creative workspace or consultation area. Rear lane access may offer future redevelopment opportunities, subject to buyer due diligence and municipal approvals. Basement storage and premium Queen Street East exposure. Ideally situated just east of the recently completed Ashbridge development, benefiting from increased residential density and foot traffic in the area. CR zoning permits a wide range of commercial and residential uses. Ideal for owner-operators, investors, healthcare professionals and professional service firms seeking a highly visible Queen Street East location with residential income potential and strong long-term upside.
| Monthly Mortgage (P&I) | $8,240 |
| Property Tax (MLS) | $1,056 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $9,296 |
Down payment: $378,250 (20.0%) · Mortgage: $1,512,999
Property tax uses MLS annual tax of $12,678/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by ROYAL LEPAGE ESTATE REALTY
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Data last updated: August 22, 2026 at 10:25 p.m.