Travis

Mohamed

Natasha

2261 Dundas Street - $2,799,900

2261 Dundas Street - $2,799,900

2261 Dundas Street

$2,799,900

Roncesvalles
Toronto Roncesvalles, OntarioM6R1X6
4 beds
4 baths
3 parking
MLS#: W13414740Listed: 9 days agoUpdated:about 6 hours ago

Description

Prime Mixed-Use Investment & Development Opportunity in the Heart of Roncesvalles Village.Exceptional opportunity to acquire a landmark mixed-use building at 2261-2263 Dundas Street West, offering strong in-place income, significant upside potential, and future redevelopment opportunities in one of Toronto's most vibrant and sought-after neighbourhoods.The property features approximately 4,000 sq. ft. of street-level retail space plus a fully finished lower level complete with walk-in industrial freezer, storage areas, men's and women's washrooms, updated HVAC systems, and sprinkler infrastructure. Hundreds of thousands of dollars have been invested in building improvements, creating a turnkey opportunity for investors or owner-operators.Above the commercial space are two well-maintained 2-bedroom residential apartments, both occupied by long-term tenants and generating over $5,000 per month in rental income. The vacant retail component presents an excellent opportunity for owner occupancy or lease-up, with estimated rental potential of approximately $8,000-$10,000 per month, creating substantial income growth potential.Situated on a prominent stretch of Dundas Street West, the property benefits from exceptional visibility, strong pedestrian traffic, and proximity to transit, restaurants, cafes, and neighbourhood amenities. For developers, the site offers compelling long-term value with potential for redevelopment into a 6-storey mixed-use residential building with ground-floor retail, subject to buyer due diligence and municipal approvals.A rare opportunity to secure a high-exposure asset with immediate income, future leasing upside, and redevelopment potential in one of Toronto's strongest urban markets. (id:63050)

Details

Details for 2261 Dundas Street, Toronto Roncesvalles, Ontario
Property Type
Single Family
Building Type
Residential Commercial Mix
Storeys
2.5
Neighborhood
Roncesvalles
Land Size
46.16 x 115 FT
Year Built
-
Annual Property Taxes
$43,325
Parking Type
No Garage
Inside
Appliances
Window Coverings, Water Heater
Rooms
-
Bedrooms
4
Bathrooms
4
Fireplace
-
Fireplace Total
-
Basement
Finished, Full, Separate entrance, Walk-up, N/A, N/A, N/A
Building
Architecture Style
-
Direction
Cross Streets: Roncesvalles & Dundas. ** Directions: https://maps.app.goo.gl/YBr34msSQuRV1v4Q8.
Type of Dwelling
residential_commercial_mix
Roof
-
Exterior
Brick
Foundation
Brick
Flooring
-
Land
Sewer
-
Lot Size
46.16 x 115 FT
Zoning
-
Zoning Description
Commercial Residential
Parking
Features
No Garage
Total Parking
3
Utilities
Cooling
Central air conditioning, Window air conditioner, Ventilation system
Heating
Forced air, Electric
Water
Municipal water
Feature Highlights
Community
Community Centre
Lot Features
-
Security
Smoke Detectors, Monitored Alarm
Pool
-
Waterfront
-

Rooms

Rooms for 2261 Dundas Street, Toronto Roncesvalles, Ontario
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