Space
Finished area and layout
- Living Area
- 3,500 sqft
+24 more
3,500 sqft
Living Area
19 x 115 FT
Lot
3
Parking
Property Snapshot
Key details for this listing
MLS #W14087314
Property
Type, style and structure
- Type
- commercial
- Style
- retail / Mixed Use
Lot
Land, frontage and setting
- Lot
- 19 x 115 FT
- Frontage
- 19.0 feet
About This Property
This retail in Toronto offers 3,500 sqft of living area on a 19 x 115 FT lot. The home features forced air, natural gas, radiator heating, fully air conditioned.
MLS Remarks
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! (id:60351)
Documents & Attachments
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