41 Roncesvalles Avenue Toronto, Ontario M6R 2K4
$1,649,000
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. (id:21328)
Property Details
| MLS® Number | W12998472 |
| Property Type | Retail |
| Neigbourhood | Roncesvalles |
| Community Name | Roncesvalles |
Building
| Appliances | Hood Fan |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2,355 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 74 Ft ,8 In |
| Size Frontage | 16 Ft ,10 In |
| Size Irregular | 16.91 X 74.67 Ft |
| Size Total Text | 16.91 X 74.67 Ft |
| Zoning Description | Cr 2.5 (cl;r2*1766) |
https://www.realtor.ca/real-estate/29604640/41-roncesvalles-avenue-toronto-roncesvalles-roncesvalles
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