151 Roncesvalles Avenue, Toronto W01 — For Sale in Toronto W01
0 bed · 0 bath · Store W Apt/Office for sale in Toronto W01.
151 Roncesvalles Avenue, Toronto W01, ON M6R 2L3
About This Property
Now for sale at 151 Roncesvalles Avenue in Toronto W01: a 0-bedroom, 0-bathroom store w apt/office listed at $2,600,000.
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 unbeatable 5 cap rate of return for investors. Take your investment portfolio to the next level with 151 Roncesvalles Avenue!
Property Specifications
| MLS® Number | W13129736 |
|---|---|
| Status | For Sale |
| List Price | $2,600,000 |
| Property Type | Commercial |
| Sub Type | Store W Apt/Office |
| Transaction Type | For Sale |
| Bedrooms | 0 |
| Bathrooms | 0 |
| Living Area | 3500 sq ft |
| Address | 151 Roncesvalles Avenue, Toronto W01, ON M6R 2L3 |
| City | Toronto W01 |
| Postal Code | M6R 2L3 |
Listing Contracted With: REMAX CONNECT REALTY
