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41 Roncesvalles Avenue, Roncesvalles M6R 2K4

Price

$1,649,000

Bedrooms

4 Beds

Bathrooms

3 Baths

Size

2000-2500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$9882.28

Explore A Virtual Tour

Description

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.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$7,248 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,319,200

Total Interest Payments

$813,368

Total Payment (Principal + Interest)

$2,132,568

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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