151 Roncesvalles Avenue
151 Roncesvalles Avenue
$2,600,000
$743/sq ft · 59 days on market
About This Listing
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!
| Monthly Mortgage (P&I) | $11,328 |
| Property Tax (MLS) | $1,245 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $12,573 |
Down payment: $520,000 (20.0%) · Mortgage: $2,080,000
Property tax uses MLS annual tax of $14,945/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by REMAX CONNECT REALTY
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Data last updated: August 23, 2026 at 10:25 a.m.