$2,500,000
151 Roncesvalles Avenue, Toronto, ON M6R 2L3
Roncesvalles · W01
Listing courtesy of REMAX YOUR COMMUNITY REALTY
Roncesvalles · W01 · M6R 1X6
$2,599,900
$520 / sq ft5 months on market
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.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 88% of comparable retail listings in Roncesvalles are asking less.
Based on 8 comparable active retail listings in Roncesvalles. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $2,599,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CORCORAN HORIZON REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
What similar homes in this area actually sold for.
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$2,500,000
Roncesvalles · W01
Listing courtesy of REMAX YOUR COMMUNITY REALTY
$2,599,900
Roncesvalles · W01
Listing courtesy of CORCORAN HORIZON REALTY