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:55460)

Property Details

MLS® Number	W12998476
Property Type	Single Family
Community Name	Roncesvalles

Building

Bathroom Total	3
Bedrooms Above Ground	4
Bedrooms Total	4
Appliances	Water Meter, Hood Fan
Basement Development	Partially Finished
Basement Type	N/a (partially Finished)
Cooling Type	None
Exterior Finish	Aluminum Siding, Brick
Foundation Type	Block, Brick
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	3
Type	Residential Commercial Mix
Utility Water	Municipal Water

Parking

No Garage

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

https://www.realtor.ca/real-estate/29604641/41-roncesvalles-avenue-toronto-roncesvalles-roncesvalles