4 Beds 3 Bath

41 Roncesvalles Avenue, Toronto W01, ON M6R 2K4

Toronto W01 M6R 2K4 Ontario

MLS: W12998476

$1,649,000

Added 2 hours ago | For Sale

Listed by: CHESTNUT PARK REAL ESTATE LIMITED

About Property

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.

Features

  • House Style:Store W Apt/Office
  • Bathrooms:3
  • Land Size: 16.91 X 74.67
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Queen & Roncesvalles
  • Basement:Partially Finished , Partially Finished
  • Possession Date:Immediate
  • Annual Property taxes: $9882.28
  • Bedrooms:4
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:W12998476

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