151 RONCESVALLES AVENUE, Toronto (Roncesvalles), Ontario, M6R2L3
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! (id:2471)
McConkey Real Estate Corp. Brokerage
- 705-872-7400
- 705-745-4321
- 705-745-4324
- gbennett@nexicom.net
- Property Address: 151 RONCESVALLES AVENUE, Toronto (Roncesvalles), Ontario, M6R2L3
- Community Name: Roncesvalles
- Property Type: Retail
- Zoning Description: CR 2.5 (c1.0; r2.0) SS2 (x1792
- Lot Size: 19 x 115 FT
- Acreage: 19 x 115 FT
- Water Type: Municipal water
- Total Parking Spaces: 3
- Structure Style: Residential Commercial Mix
- Floor Space: 3500 sqft
- Heating Type: Natural gas, Forced air, Radiator
- Cooling: Fully air conditioned
- Appliances Included: Dishwasher, Dryer, Washer
Listing Offices: REMAX CONNECT REALTY
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association. REALTOR®, MLS® and the associated logos are trademarks of the Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association and is licensed to trade residential and/or commercialreal estate. Any out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province. All information displayed on this website is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
Rarely Available Corner Mixed-Use Building at Gerrard & Craven! High-visibility...
- 0 Beds
- 0 Baths
Exceptional Mixed-Use Investment in the Heart of The Village *****...
- 0 Beds
- 0 Baths
***WOW***Incredible opportunity on one of the most talked about and...
- 0 Beds
- 3 Baths
This website is operated by a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, and CREA.
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.
We may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.