1 / 2541 RONCESVALLES AVENUE
Toronto (Roncesvalles), Ontario, M6R2K4
$1,529,000
Living area
2,355 square feet
About this 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 5.5% projected Cap Rate. A unique opportunity to secure a high-visibility commercial space with significant residential upside in a prime location. (id:66779)
Details
- Sewer
- Sanitary sewer
- Cooling
- None
- Heating
- Forced air, Natural gas
- List aor
- Toronto
- Appliances
- Hood Fan
- Directions
- Queen & Roncesvalles
- Fireplace
- No
- Water source
- Municipal water
- Structure type
- Residential Commercial Mix
- Tax annual amount
- 9,882.28
- Lot size dimensions
- 16.91 x 74.67 FT
- Zoning description
- CR 2.5 (cl;r2*1766)
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