Prime Mixed-Use Investment & Development Opportunity in the Heart of Roncesvalles Village.Exceptional opportunity to acquire a landmark mixed-use building at 2261-2263 Dundas Street West, offering strong in-place income, significant upside potential, and future redevelopment opportunities in one of Toronto's most vibrant and sought-after neighbourhoods.The property features approximately 4,000 sq. ft. of street-level retail space plus a fully finished lower level complete with walk-in industrial freezer, storage areas, men's and women's washrooms, updated HVAC systems, and sprinkler infrastructure. Hundreds of thousands of dollars have been invested in building improvements, creating a turnkey opportunity for investors or owner-operators.Above the commercial space are two well-maintained 2-bedroom residential apartments, both occupied by long-term tenants and generating over $5,000 per month in rental income. The vacant retail component presents an excellent opportunity for owner occupancy or lease-up, with estimated rental potential of approximately $8,000-$10,000 per month, creating substantial income growth potential.Situated on a prominent stretch of Dundas Street West, the property benefits from exceptional visibility, strong pedestrian traffic, and proximity to transit, restaurants, cafes, and neighbourhood amenities. For developers, the site offers compelling long-term value with potential for redevelopment into a 6-storey mixed-use residential building with ground-floor retail, subject to buyer due diligence and municipal approvals.A rare opportunity to secure a high-exposure asset with immediate income, future leasing upside, and redevelopment potential in one of Toronto's strongest urban markets.
Address
2261 Dundas Street W
List Price
$2,599,900
MLS® Status
Sold Conditional
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
10
Bathrooms
4
Floor Area
5000 + Sq. Ft.
Lot Size Source
MPAC
Lot Depth
115
Lot Size Units
Feet
Lot Width
46.16
Parcel Number
213500281
Occupant Type
Owner+Tenant
Cross Street
Roncesvalles & Dundas
MLS® Number
W13414740
Listing Brokerage
CORCORAN HORIZON REALTY
Basement Area
Walk-Up, Separate Entrance, Full, Finished
Postal Code
M6R 1X6
Posession Details
TBD
Parking
Private, Private Triple
Parking Places (Total)
3
Parking Spaces
3
Tax Amount
$43,325.12
Tax Year
2025
Site Influences
Hospital, Library, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Interior Features
Ventilation System, Water Heater, ERV/HRV, Accessory Apartment
Property Features
Place Of Worship, Rec./Commun.Centre, School, Public Transit, Library, Hospital
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Other
Standard Status
Active Under Contract
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Electric
Heat Type
Forced Air
Cooling Features
Central Air, Window Unit(s)
Construction Materials
Brick
Direction Faces
West
Fireplace
No
Foundation Details
Brick
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Flat, Shingles
Tax Legal Description
LT 7-8 PL 1199 TORONTO; CITY OF TORONTO
Security Features
Monitored, Carbon Monoxide Detectors, Smoke Detector
Waterfront
No
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