1140 Queen St
South Riverdale, Toronto, Ontario M4M 1L1
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1,500–2,000sq ft
- Per sq ft
- $965at the range’s middle
- Lot
- 16 x 73 ft
- Tax a year
- $14,5192026 tax year
- Parking
- 0none
- Days on market
- Members
The brief
About 1140 Queen St
1140 Queen St is a 2-bedroom, 2-bathroom home in South Riverdale, Toronto, listed for sale at an asking price of $1,689,000 (MLS® E14120164).
Welcome to 1140 Queen Street East, a rare turn-key mixed-use gem in the heart of vibrant Leslieville! Situated directly along the 24/7 Queen streetcar line and minutes to the upcoming Leslieville Station, this modernized property offers peace of mind with a substantial rear addition, updated building systems, separate meters, central air, and new windows, doors, HVAC, and plumbing - meaning minimal to no CapEx anticipated for the next 10 years. The ground floor is tenanted by Scout, a beloved local business providing immediate, passive, and reliable retail rental income. A side right-of-way provides direct upper-level access via a well-lit walkway, preserving an efficient, uninterrupted main-floor retail footprint while leading to the private rear courtyard. Upstairs, a sun-drenched two-bedroom loft showcases large windows, a soaring skylight, exposed brick, quartz counters, modern appliances, in-suite laundry, and direct courtyard access. The upper level offers exceptional flexibility: generate a strong second rental income stream alongside the main floor tenant, run a sleek professional office, or move in to experience urban living at its finest. This is a low-maintenance, turn-key property in one of Toronto's most dynamic neighbourhoods - ideal for an end-user to occupy the upper level for residential or office use, or a professional seeking a reliable, hassle-free holding. Come grab a coffee, lunch, and browse the shops, then drop by for a private tour of this incredible Leslieville opportunity!
Insights
Condition Score
Good72/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$6,116/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 40 homes with 2 bedrooms for lease in South Riverdale right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $14,519 / 2026
- MLS® number
- E14120164
- Board
- TRREB MLS®
- Property Type
- Store W/Apt/Office
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 16 x 73 ft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Store W/Apt/Office
- Style
- 2-Storey
- Community
- South Riverdale
- Municipality
- Toronto
Building
- Size
- 1500-2000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc 2nd, 1 × 2pc Lower
- Basement Type
- Partly Finished
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Frontage
- 16 ft
- Depth
- 73 ft
- Lot Size
- 16 x 73 ft
Additional
- Foundation
- Stone
- Roof
- Flat
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 1140 Queen St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,689,000 | N/A | For Sale | E14120164 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $337,800
- Total mortgage amount
- $1,351,200
- Total interest payment
- $960,600
- Total purchase cost
- $2,649,600
- Mortgage payment
- $7,706/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
83%Monthly carrying cost
$8,916- Rent $2,800
- Shortfall $6,116
Rental income opens at $2,800, the median asking rent of 40 comparable homes for lease in South Riverdale. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $30,255
- Toronto municipal land transfer tax
- $30,255
- Total land transfer tax
- $60,510
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $52,035
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,689,000
- $25,780
- Ontario total
- $30,255
Toronto’s municipal tax uses the same brackets at this price, so it adds another $30,255.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 1,168 sq ft109 m²
- Street frontage
- 16 ft4.9 m
- Depth
- 73 ft22.3 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m42 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 85 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 5.5 km5.5 km
- Mapped parcel: about 970 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home2
- Nearest rail line: 580 m580 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 3 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is City of Toronto — 843 Eastern Avenue, 590 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
CR 2.5 (c1.0; r2.0) SS2 (x2224)By-law
569-2013Municipality
Toronto1 2.5
Density: total floor area is capped at 2.5 times the lot area.
2 c1.0
Commercial floor area is capped at 1.0 times the lot area.
3 r2.0
Residential floor area is capped at 2.0 times the lot area.
4 x2224
Site-specific exception 2224: this site has rules of its own, written in the by-law.
5 SS2
Standards set 2: the setback, height and coverage rules the by-law applies to this zone.
6 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(2224)
7 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
5 building permits cleared at this address in the City’s file.
Building Permit Related(MS)Closed
HVAC - Proposed interior alterations, rear two-storey addition that includes a new eating establishment on the ground floor(27.38 m2) and a residentail unit on the second floor(28.51 m2) for an existing two-storey mixed-use building.
Issued November 19, 2018
Building Permit Related(PS)Closed
Plumbing - Proposed interior alterations, rear two-storey addition that includes a new eating establishment on the ground floor(27.38 m2) and a residentail unit on the second floor(28.51 m2) for an existing two-storey mixed-use building.
Issued October 22, 2018
Interior AlterationsClosed
Proposed interior alterations, rear two-storey addition that includes a new eating establishment on the ground floor(27.38 m2) and a residentail unit on the second floor(28.51 m2) for an existing two-storey mixed-use building.
Issued September 4, 2018
Inside and Outside DrainsCancelled
Drain - Proposed rear two-storey addition(27.38 m2) that includes a new eating establishment on the ground floor(27.38 m2) and a residentail unit on the second floor(28.51 m2) for an existing two-storey mixed-use building.
Completed March 29, 2018
Backflow Prevention Devices (Water only)Closed
Proposal to install 1 backflow prevention device in an exisitng multi use building,.
Issued March 16, 2011
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 4 open development applications within 800 m of this home.
20 LESLIE STOfficial plan or zoning amendmentAppeal Received
Proposed Official Plan Amendment Application seeking to remove the site from Employment Areas as shown on Map 2 (Urban Structure) of the Official Plan and to redesignate the site from General Employment Areas to Mixed Use Areas on Map 21 of the Official Plan.
480 m away65-87 HEWARD AVEOfficial plan or zoning amendmentOMB Appeal
Official Plan Amendment (OPA) to re-designate the subject site from Core Employment Areas to Mixed Use Areas to permit future mixed-use development. The OPA would also introduce a new Site and Area Specific Policy that mandates a minimum of 3,150 square metres of gross floor area dedicated to activities related to film, television, and digital media production.
590 m away880-882 EASTERN AVESite planUnder Review
Site Plan Approval for a 12-storey mixed-use building having a non-residential gross floor area of 268.20 square metres, and a residential gross floor area of 13,417.80 square metres. 167 rental dwelling units are proposed.
710 m away80 KNOX AVESite planUnder Review
Site Plan Approval for a 12-storey mixed-use building having a non-residential gross floor area of 268.20 square metres, and a residential gross floor area of 13,417.80 square metres. 167 rental dwelling units are proposed.
710 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Homes for sale in South Riverdale right now
- For sale now
- 40
- Median asking price
- $1.2M
- New in 7 days
- 3
- Price cuts
- 20%
Middle half: $224K to $1.88M
13 in 28 days
8 listings
This home is asking 41% above the median.
See all homes in South RiverdaleAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Donlands Station | TTC subway: Line 2 Bloor-Danforth | 2.1 km |
| Pape Station | TTC subway: Line 2 Bloor-Danforth | 2.1 km |
| Greenwood Station | TTC subway: Line 2 Bloor-Danforth | 2.3 km |
| Chester Station | TTC subway: Line 2 Bloor-Danforth | 2.3 km |
| Danforth GO | GO Transit train: Lakeshore East | 3.8 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Bruce Public SchoolToronto DSB | Public · grades JK–8 | 200 m | 76%Grade 6 average |
| St Joseph Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 450 m | 78%Grade 6 average |
| Morse Street Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 550 m | 81%Grade 6 average |
| ÉÉC du Bon-BergerConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.1 km | — |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Riverdale Collegiate InstituteToronto DSB | Public · grades 9–12 | 850 m | 77%Grade 9 math |
| Eastdale Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.2 km | — |
| St Patrick Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 1.9 km | 66%Grade 9 math |
| École secondaire Michelle-O'BonsawinConseil scolaire Viamonde | French-language public · grades 9–12 | 2.1 km | 79%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in South Riverdale are shown to signed-in members.