41 Roncesvalles Avenue, Toronto, ON M6R 2K4

$1,499,000

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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 5.75% projected Cap Rate. A unique opportunity to secure a high-visibility commercial space with significant residential upside in a prime location.

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Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED.