Something special is for sale right in the heart of Roncesvalles! Calling all investors, end-users, and everyone in-between! Here's the opportunity of a lifetime to buy into a completely turnkey 3-storey commercial/residential building in bustling Roncesvalles village. This is the kind of building that is passed down through family legacies. Boasting 1,141 square feet of fully utilized premium main floor retail space, plus additional space in the basement with good ceiling height. Upstairs find two nearly-1,200 square-foot New York-style apartments that have both been renovated while maintaining lots of their original character and charm thanks to their position in this classic Edwardian-era building. The main floor is an established business that has been a Roncy staple for nearly 10 years with loyal clientele and local presence. The upstairs residential long-term tenants are stable and easy to work with. This building offers a gross income of over $150K/year, a net income of $131K/year, plus an unbeatable 5 cap rate of return for investors. Take your investment portfolio to the next level with 151 Roncesvalles Avenue!
Address
151 Roncesvalles Avenue
List Price
$2,600,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
Sale
Area
Toronto W01
Sub-Area
Roncesvalles
Region
Toronto
Lot Size Source
MPAC
Lot Depth
115
Lot Type
Lot
Lot Size Units
Feet
Lot Width
19
Parcel Number
213370280
Total Building Area
3500
Occupant Type
Tenant
Cross Street
Roncesvalles and Garden
MLS® Number
W13129736
Listing Brokerage
REMAX CONNECT REALTY
Basement
Yes
Postal Code
M6R 2L3
Posession Details
TBD
Parking Spaces
3
Tax Amount
$14,945.00
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
None
Security Features
No
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