2004 Queen Street E
Call Listing Agent
Prime Beaches Mixed-Use Asset: Anchored by A&W with Long-Term Income, Renovated Retail, and Residential Opportunity
43.6702666, -79.2996595
Main Intersection
Woodbine Avenue & Queen Street E
Location
Toronto
Address
2004 Queen Street E
Toronto ON M4L 1J3
Canada
Listing Agents
Broker Flyer
Building Information
Overall Building Size
2,800 SF
Building Type
Retail, Residential
Zoning
CR - Commercial Residential Zone
Frontage
25.66 ft
Depth
120.00 ft
Parking
2 Spaces: 1 Commercial, 1 Residential
Property Highlights
- Secure, predictable income: Anchored by A&W, one of Canada’s most recognized national QSR brands.
- Lease in place with no rollover until 2036, providing long-term income certainty.
Includes two 5-year renewal options for added tenancy stability.
- Premier Beaches location: Located in Toronto’s Beaches neighbourhood, one of the city’s most established and desirable areas.
- Surrounded by a strong retail mix including national brands and top-performing independents.
Exceptional street frontage and high foot traffic support long-term tenant demand.
- Low risk, low management: Absolute NNN lease – tenant pays all property taxes, insurance, and maintenance.
- Passive ownership structure
- Renovated asset with build-to-suit addition: The property has been fully renovated, including a purpose-built rear addition for A&W.
Modernized layout and updated infrastructure reduce near-term capital requirements and support tenant retention.
- Residential component: Includes an upper-level 2-bedroom apartment to be delivered vacant on closing.
- Offers income diversification and future rental or repositioning flexibility.
- Built-in income growth: Commercial lease includes contracted rent escalations, offering natural income growth and inflation protection.
Strong national covenant: A&W Restaurants operates 1,000+ locations across Canada.
- Ideal for long-term investors: A highly secure, low-maintenance investment in a blue-chip Toronto location.
Combines credit tenancy, passive structure, and long-term neighbourhood value — ideal for capital preservation and steady income.
- Flexible financing available: Vendor Take-Back (VTB) mortgage available to qualified purchasers.
Details
Taxes (2024): $27,708