If you were to describe a typical Toronto office space, cozy generally isn’t one of the top words that come to mind.
But that just might be the first word that will pop into your head when looking at 432 Queen St. E.
This property boasts 7,581 square feet, 30 rooms and is an ideal live/work building, since, as the listing points out, “you can occupy the space you need and rent the rest.”
The main floor office space.
And you can rent a lot of space if you want.
The open office area.
On the main floor, there’s an open retail/office area with nine-foot ceilings and a huge wall of windows.
A private office.
There are also four private offices, a tech room, a garage, and a mudroom.
Another office.
The retail space alone can bring in $40 to $150 per square foot per year.
One of the second-floor office areas.
Meanwhile, office space, on average, leases out for about $19.40 per square foot, according to the Toronto Regional Real Estate Board.
A private office on the second floor.
On the second level of 432 Queen St. E., there’s a kitchenette (AKA the breakroom), washroom, three rental offices, and a studio with 10-foot ceilings.
The studio.
The studio has tons of natural light and is currently being used as a photography studio, but it could also be a yoga or pilates studio, family room, or whatever else.
A patio.
It also opens up onto a large deck that overlooks the tree-lined laneway.
The living room on the third floor.
Finally, on the third level is the residential living area.
Skylights add tons of natural light.
It’s a two-bedroom apartment, and while you might think it would be an afterthought considering it’s basically the attic, it’s far from it.
A cozy fireplace and window benches in the living room.
It has two bedrooms with skylights, a full kitchen, and a living room with tons of natural light and a cozy wood-burning fireplace.
The dining room.
The living room, dining room, and kitchen are all open concept, making the space feel large and airy.
The kitchen.
The kitchen has tons of storage and stainless steel appliances.
The primary bedroom.
The primary bedroom has a walk-in closet and a Jacuzzi soaker tub.
The second bedroom.
While the other bedroom can be versatile, as it features a Murphy bed.
Views of Queen St. E.
The only real downside to living on the third floor of a mostly office building on Queen St. E is that you’re on a major street with no backyard or lawn.
The balconies.
However, there are two large balconies, so you do have outdoor space.
A private office.
And when you think of the potential income that can be generated from a property like this, you could probably buy a yard if you’re that desperate for grass.
The garage.
The only other downside for both living and working is that there’s only one parking spot, which, depending on who rents out the units, might be a problem.
The open office area.
432 Queen St. E is now listed for $4,390,000, after dropping its listing price by almost $200,000.