2,355 sqft
None
Forced Air
$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:50787)
Property Details
|
MLS® Number
|
W12998472 |
|
Property Type
|
Retail |
|
Community Name
|
Roncesvalles |
Building
|
Appliances
|
Hood Fan |
|
Cooling Type
|
None |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
2,355 Sqft |
|
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