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For saleMLS® W14087314

151 Roncesvalles Avenue, Toronto, ON M6R 2L3

Roncesvalles · W01 · M6R 2L3

$2,500,000

$714 / sq ft

2 weeks on market

Total area
3,500 sf
Lot
19 × 115 ft

What's special

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About this property

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 over 5 cap rate of return for investors. Take your investment portfolio to the next level with 151 Roncesvalles Avenue!

Property details

Property

Property type
retail
Interior size
3,500 sq ft
Lot size
19 × 115 ft
Zoning
CR 2.5 (c1.0; r2.0) SS2 (x1792)
Possession
TBD

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Costs

List price
$2,500,000
Property taxes
$14,945 / year (2025)
Price per sq ft
$714

Listing

MLS® number
W14087314
Status
For sale
Listed
October 16, 2026
Days on market
20
Last updated
October 16, 2026
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 75% of comparable retail listings in Roncesvalles are asking less.

$1.39MMedian $1.70M$2.60M
This home
$714 / sq ft
Comparable median
$597 / sq ft

Based on 8 comparable active retail listings in Roncesvalles. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $500,000
$500,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$11,058.34
Property tax (est.)
$1,245.42
Estimated monthly
$12,304

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$48,975
Toronto municipal
$48,975
Total due on closing
$97,950

An estimate on the asking price of $2,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of REMAX YOUR COMMUNITY 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.

$2,500,000

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