$1,649,000
41 RONCESVALLES AVENUE
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Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
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 5.25% projected Cap Rate. A unique opportunity to secure a high-visibility commercial space with significant residential upside in a prime location. (id:65958)
- Subtype
- Retail
- Structure
- Residential Commercial Mix
- Community
- Roncesvalles
- Living area
- 2,355 square feet
- Lot dimensions
- 16.91 x 74.67 FT
- On market
- Apr 14, 2026
- Status changed
- Apr 16, 2026
- Annual tax
- $9,882.28
- Zoning
- CR 2.5 (cl;r2*1766)
- Photos
- 37
- MLS#
- W12998472
- Area
- TORONTO_(RONCESVALLES)
Features and systems
Appliances
Heating
Cooling
Cash on cash
-11.47%
Cap rate
3.60%
GRM
16.7
Break-even rent
$11,569
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Roncesvalles). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.