151 Roncesvalles Avenue
Toronto W01, ON M6R 2L3
Price
$2,500,000
Building Size
3,500 sq ft
MLS# W14087314 | Listed by REMAX YOUR COMMUNITY REALTY
Business Details
Property Use
Store With Apt/Office
Franchise
No
Commercial Space & Financials
Retail Area
1,141 sq ft
Office / Apt Area
2,396 sq ft
Taxes (Annual)
$14,945
Industrial Specifications
Parking
3 spaces (None)
Lot Size
19' × 115'
Structure
Freestanding
Property 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!
Price & Status History
Price history is locked
Location
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151 Roncesvalles Avenue, Toronto W01 M6R 2L3
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Listing Courtesy of: REMAX YOUR COMMUNITY REALTY
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