2,355 sqft
None
Forced Air
$1,529,000
Rare mixed-use opportunity on Roncesvalles Ave, with vacant possession! The main floor features a fully renovated 928 sq. ft. commercial space with 14 ft ceilings, exceptional natural light; and outstanding street exposure benefiting from strong daily vehicle, pedestrian and transit traffic. Over 200k in recent upgrades including new flooring, lighting, and a renovated washroom, creating a turnkey space, ideal for a variety of retail or service uses. The second floor offers a spacious 1427 sq ft two-storey residential unit with four bedrooms and two renovated bathrooms. Well-suited for end-users or investors, the upper unit provides flexibility for rental income or owner occupancy. Offered at an attractive 5.5% projected Cap Rate. A unique opportunity to secure a high-visibility commercial space with significant residential upside in a prime location. (id:63476)
Property Details
|
MLS® Number |
W13434644 |
|
Property Type |
Retail |
|
Community Name |
Roncesvalles |
Building
|
Appliances |
Hood Fan |
|
Cooling Type |
None |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air |
|
Size Interior |
2,355 Sqft |
|
Type |
Residential Commercial Mix |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Sewer |
Sanitary Sewer |
|
Size Depth |
74 Ft ,8 In |
|
Size Frontage |
16 Ft ,10 In |
|
Size Irregular |
16.91 X 74.67 Ft |
|
Size Total Text |
16.91 X 74.67 Ft |
|
Zoning Description |
Cr 2.5 (cl;r2*1766) |