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:52316)
REMAX CONNECT REALTY
$2,600,000
151 RONCESVALLES AVENUE, Toronto, Ontario
Property
MLS® Number: W13129736
Address: 151 RONCESVALLES AVENUE
City: Toronto
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas, Radiator
Parking
Parking Spaces: 3
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Property Sale History
Travel and Neighbourhood
96/100Walk Score®
Walker's Paradise
Location
