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$ 1,649,000
Est. payment | /mo
2,355 SqFt
$ 1,649,000
Est. payment | /mo
2,355 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2355
Square Footage 2,355 sqft
Price per Sqft $700
Subdivision Roncesvalles
MLS® Listing ID W12998472
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Sanitary sewer
Others
Virtual Tour https://www.elitepropertiestoronto.com/41-roncesvalles-avenue
Listed by CHESTNUT PARK REAL ESTATE LIMITED
NEARBY SCHOOLS & PROPERTIES
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Franco Maione
Real Broker