New Listing
151 Roncesvalles Avenue,Toronto W01, ON M6R 2L3
Toronto W01, ON M6R 2L3
Description
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!
Details
| MLS # | W14087314 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 4 |
| Listing Provided By | REMAX YOUR COMMUNITY REALTY | W14087314 087029 |
Features
| SQ Feet | 3,500 |
|---|---|
| Acreage | 0.08 |
Interior
| Cooling | Yes |
|---|
Exterior
| Security Features | No |
|---|
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 14945 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto W01 |
| Postal Code | M6R 2L3 |
| Area | Roncesvalles |
| Listing VS Median (in M6R 2L3) | |
Price: $2,500,000 low | high Med: $3,650,000 sqft: 3,500 low | high Med: 3,442 $ / sqft: $714 low | high Med: $1,060 On site: 4 low | high Med: 25 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto W01 |
| Postal Code | M6R 2L3 |
| Area | Roncesvalles |
| Listing VS Median (in M6R 2L3) | |
Price: $2,500,000 low | high Med: $3,650,000 sqft: 3,500 low | high Med: 3,442 $ / sqft: $714 low | high Med: $1,060 On site: 4 low | high Med: 25 | |