728 & 732 Queen Street East 2 Retail Properties Offered at $5,554,759 in Toronto, ON

Cushman & Wakefield’s National Capital Markets Group is pleased to offer for sale 728 and 732 Queen Street East, (the “Properties”), two fully-renovated streetfront retail buildings in Toronto’s South Riverdale neighbourhood. Located on the northeast block of Queen Street East and Broadview Avenue, 728 and 732 Queen Street East offer investors a rare opportunity to acquire two fully-renovated, streetfront retail mixed-use buildings in one of Toronto’s fastest-growing retail corridors.
Encompassing 8,549 square feet of total net rentable area across both Properties, the buildings have been recently renovated and fully leased with an average remaining lease term of 4.7 years. Both retail tenancies are on net leases which places full responsibility for operating costs, property taxes, and utilities on the tenant - offering stable, growing cash flow with minimal landlord obligations. Both buildings have undergone significant upgrades to improve operating efficiency and tenant comfort. All units are equipped with individual HVAC systems using modern tankless combo units for heating and cooling. Each unit is separately metered for hydro and gas and sub-metered for water, allowing tenants to manage their own utility consumption and reducing landlord obligations. In addition, all residential units feature in-suite washer and dryer appliances - enhancing convenience and supporting strong long-term rental appeal. Both buildings are steps from the future Ontario Line station, positioning them for long-term upside as foot traffic and demand intensify. Located on Queen Street East, the Properties are in a vibrant urban community known for its boutique retail, culture, and walkable streets. Major public investments like the Ontario Line, the East Harbour transit and employment hub, and the Lower Don Lands redevelopment will greatly benefit the area. The future Riverside– Leslieville Ontario Line Station will provide rapid connections to key destinations, while the East Harbour project will create jobs and a new transit interchange.