Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

41 Roncesvalles Avenue, Toronto W01, ON M6R 2K4 (Queen & Roncesvalles)
$ 1649000 - MLS : W12998476

From Our Gallery

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 5.25% projected Cap Rate. A unique opportunity to secure a high-visibility commercial space with significant residential upside in a prime location.

Location Description

Queen & Roncesvalles

Property Detail

Community: Roncesvalles
Property Type: Vacant/Residential Freehold
Bedrooms: 4
Bath: 3
Garages: None
Annual Property Taxes : $ 9882.28

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Block-Brick
Counstruction Material : Aluminum Siding-Brick
Total Parking Space : 0
Parking Type : None

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: CHESTNUT PARK REAL ESTATE LIMITED

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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