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W5515052
$1,475,000

41 Roncesvalles Ave (Roncesvalles & Queen St W)

Price: $1,475,000

Status: For Sale 

MLS®#: W5515052

$1,475,000
  • Tax: $9,838.84/Annual (2021)
  • Community:Roncesvalles
  • City:Toronto
  • Type:Commercial
  • Style:Investment
  • Bath:3
  • Size: 2,448 Sq Ft
  • Basement:Y

Features:

  • HeatingGas Hot Water
  • Sewer/Water SystemsSanitary, Municipal

Listing Contracted With: ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE

Description

Attention Investors! This Is An Excellent Investment Opportunity, With Over 4.5% Going-In Cap Rate, Low Price And High Income. The Main Floor Is Completely Renovated With A Strong Tenant In Place. Vacant Possession Is Possible For The Residential Unit. The Building Is Situated In The Up-And-Coming Community Of Lower Roncesvalles, Which Has Experienced Strong Growth In The Preceding Years. This Is A Rare Turn-Key Investment Opportunity With Huge Upside Potential. Rent As Is, Renovate, Or Add 3rd Storey.


Highlights

Prime Retail Space: Completely Renovated Space With A Secured New Tenant. The Commercial Unit Offers Excellent Front Street Exposure And Over 990 Sq Ft Of Main Level Space. Upper Level: Current Designed As A Single Family 3 Bedroom Unit.

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Team Szwec

Real Estate Professional

Royal LePage Real Estate Services Ltd., Brokerage