2243 Dundas Street W, Toronto, Ontario, Canada, M6R1X6
2,195,000
for Sale
5
About the property:
Prime Roncesvalles location offered at 5.5% cap rate. 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 cashflow. 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.
Extra info:
Prime Roncesvalles location offered at 5.5% 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.
Store W Apt/Office
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- Property Type:
- Store W Apt/Office
- Status:
- for Sale
- Bathrooms:
- 5
- Land Size:
- 17.66 x 115 FT
- Business Type:
- Commercial/Retail
- Heating Type:
- Water Radiators
- Cross Street:
- Bloor St/Roncesvalles
- Annual Property Taxes:
- 11,483.62
- Listing ID:
- W13763074
Rooms
Dimensions
Brokered by:
Royal Lepage Signature Realty
Source: TRREB/PROPTX
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