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41 RONCESVALLES AVENUE — photo 1For Sale

41 RONCESVALLES AVENUE

Toronto (Roncesvalles)

$1,529,000

Size
2,355 sq ft
Type
Retail
Category
Commercial
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About this property

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 5.5% projected Cap Rate. A unique opportunity to secure a high-visibility commercial space with significant residential upside in a prime location. (id:66480)

41 RONCESVALLES AVENUE, Toronto (Roncesvalles) — $1,529,000 — JT Palmieri