+19 more
5
Bathrooms
3,300 sqft
Building Area
2
Parking
About This Property
This 5-bathroom retail in Toronto offers 3,300 sqft of building area. The property has lot dimensions of Bldg=17.66 x 115 FT. The home features radiator heating, fully air conditioned.
MLS Remarks
Prime Roncesvalles location offered at 5% cap rate. Rare opportunity to acquire a well-maintained mixed-use investment property offering secure in-place income and strong underlying fundamentals. The asset is anchored by Junior's Pizzeria, a long-standing ground floor commercial tenant that renewed in Summer 2025 for an additional five-year term following more than five years of occupancy, providing stable and reliable commercial cash flow.The second and third floors comprise two residential suites leased to professional tenants, further supporting the property's diversified income profile. Benefiting from minimal landlord utility exposure and significant building upgrades, this proven income-producing asset generates approximately $138,000 in gross annual income and offers durable cash flow supported by quality underlying infrastructure. (id:60351)
Inclusions
Prime Roncesvalles location offered at 5% cap rate. Secure mixed-use asset generating $138,000 in gross annual revenue.Ground floor commercial space is secured with a 5-year lease signed in Summer 2025, including one additional 5-year renewal option. The second and third floors each offer luxury 2-bedroom, 2-bathroom residential suites with thoughtful layouts and excellent flow. These units have consistently leased quickly at premium rental rates due to their uniqueness and upgraded finishes.
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