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
Residential Freehold
Type of Dwelling
Store W Apt/Office
Style of Home
2 1/2 Storey
Transaction Type
Sale
Area
Toronto W01
Sub-Area
Roncesvalles
Region
Toronto
Bedrooms
4
Bedrooms (Total)
4
Rooms Above Grade
8
Bathrooms
3
Floor Area
2000-2500 Sq. Ft.
Lot Depth
74.67
Lot Size Units
Feet
Lot Width
16.91
Occupant Type
Vacant
Cross Street
Queen & Roncesvalles
MLS® Number
W12998476
Listing Brokerage
CHESTNUT PARK REAL ESTATE LIMITED
Basement Area
Partially Finished
Postal Code
M6R 2K4
Posession Details
Immediate
Parking
None
Tax Amount
$9,882.28
Tax Year
2025
Interior Features
Storage, Water Meter
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Aluminum Siding, Brick
Direction Faces
East
Fireplace
No
Foundation Details
Block, Brick
Garage
No
Garage Type
None
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 1 PL 770 PARKDALE AS IN CA72062; T/W CA72062; CITY OF TORONTO
Security Features
Other
Waterfront
No
Sewer
Sewer
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