151 Roncesvalles Avenue, Toronto, ON M6R 2L3
Toronto, ON M6R 2L3
About this property
Something special is for sale right in the heart of Roncesvalles! Calling all investors, end-users, and everyone in-between! Here's the opportunity of a lifetime to buy into a completely turnkey 3-storey commercial/residential building in bustling Roncesvalles village. This is the kind of building that is passed down through family legacies. Boasting 1,141 square feet of fully utilized premium main floor retail space, plus additional space in the basement with good ceiling height. Upstairs find two nearly-1,200 square-foot New York-style apartments that have both been renovated while maintaining lots of their original character and charm thanks to their position in this classic Edwardian-era building. The main floor is an established business that has been a Roncy staple for nearly 10 years with loyal clientele and local presence. The upstairs residential long-term tenants are stable and easy to work with. This building offers a gross income of over $150K/year, a net income of $131K/year, plus an over 5 cap rate of return for investors. Take your investment portfolio to the next level with 151 Roncesvalles Avenue!
Property facts & features
- Property type
- Store W Apt/Office
- MLS® number
- W14087314
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 3500
- Neighbourhood
- Not provided
- Postal code
- M6R 2L3
- Garage
- None
- Lot depth (source units)
- 115
- Annual property tax
- 14945
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $2,500,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Toronto →Listing brokerage: REMAX YOUR COMMUNITY REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® W14087314. Information deemed reliable but not guaranteed.