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Description

Prime Roncesvalles location offered at 5% cap rate. Rare opportunity to acquire a well-maintained mixed-use investment property offering secure in-place income and strong underlying fundamentals. The asset is anchored by Junior's Pizzeria, a long-standing ground floor commercial tenant that renewed in Summer 2025 for an additional five-year term following more than five years of occupancy, providing stable and reliable commercial cash flow.The second and third floors comprise two residential suites leased to professional tenants, further supporting the property's diversified income profile. Benefiting from minimal landlord utility exposure and significant building upgrades, this proven income-producing asset generates approximately $138,000 in gross annual income and offers durable cash flow supported by quality underlying infrastructure.

Location Description

CR 3.0 (c1.0; r2.5) SS2 (x1579)

Property Detail

  • Community: High Park-Swansea
  • Property Type: Tenant/Commercial
  • Bath: 5
  • Garages: None
  • Annual Property Taxes : $ 11483.62
  • sqft

Facts and Features

  • Parking Type : None

Amenities

  • Heating : Water Radiators

Listing Contracted With: ROYAL LEPAGE SIGNATURE REALTY

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