Rare mixed-use opportunity on Roncesvalles Ave, with vacant possession! The main floor features a fully renovated 928 sq. ft. commercial space with 14 ft ceilings, exceptional natural light; and outstanding street exposure benefiting from strong daily vehicle, pedestrian and transit traffic. Over 200k in recent upgrades including new flooring, lighting, and a renovated washroom, creating a turnkey space, ideal for a variety of retail or service uses. The second floor offers a spacious 1427 sq ft two-storey residential unit with four bedrooms and two renovated bathrooms. Well-suited for end-users or investors, the upper unit provides flexibility for rental income or owner occupancy. Offered at an attractive 5.25% projected Cap Rate. A unique opportunity to secure a high-visibility commercial space with significant residential upside in a prime location.
Address
41 Roncesvalles Avenue
List Price
$1,649,000
MLS® Status
New
Expiration Date
2026-11-30
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
Sale
Area
Toronto W01
Sub-Area
Roncesvalles
Region
Toronto
Lot Depth
74.67
Lot Type
Lot
Lot Size Units
Feet
Lot Width
16.91
Total Building Area
2355
Occupant Type
Vacant
Cross Street
Queen & Roncesvalles
MLS® Number
W12998472
Listing Brokerage
CHESTNUT PARK REAL ESTATE LIMITED
Basement
Yes
Postal Code
M6R 2K4
Posession Details
Immediate
Tax Amount
$9,882.28
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
No
Garage Type
None
Security Features
No
Sewer
Sanitary
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