Listed for:Listed 1 day ago
$2,500,000

151 Roncesvalles Avenue

Toronto (Roncesvalles), ON M6R 2L3

Store W Apt/Office For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 151 Roncesvalles Avenue, Toronto, Roncesvalles

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 151 Roncesvalles Avenue, Toronto, Roncesvalles

Summarized Description

  • Turnkey 3-storey commercial/residential building in Roncesvalles.
  • 1,141 sq ft premium retail space on main floor.
  • Two renovated New York-style apartments upstairs.
  • Stable long-term tenants with easy management.
  • Gross income exceeds $150K/year with strong cap rate.
  • Classic Edwardian-era building with original charm.
  • Established business with loyal clientele for nearly 10 years.

Something special is for sale right in the heart of Roncesvalles! Calling all investors, end-users, and everyone in-between! Here's the opportunity of a lifetime to buy into a completely turnkey 3-storey commercial/residential building in bustling Roncesvalles village. This is the kind of building that is passed down through family legacies. Boasting 1,141 square feet of fully utilized premium main floor retail space, plus additional space in the basement with good ceiling height. Upstairs find two nearly-1,200 square-foot New York-style apartments that have both been renovated while maintaining lots of their original character and charm thanks to their position in this classic Edwardian-era building. The main floor is an established business that has been a Roncy staple for nearly 10 years with loyal clientele and local presence. The upstairs residential long-term tenants are stable and easy to work with. This building offers a gross income of over $150K/year, a net income of $131K/year, plus an over 5 cap rate of return for investors. Take your investment portfolio to the next level with 151 Roncesvalles Avenue!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$14,945
Land Transfer Tax Fee
$97,950

Interior Features

Security Features
No
Fireplace/Stove
No
Elevator
No

Building

Building Type
Store W Apt/Office

Lot

Lot Front
19.00 ft
Lot Depth
115.00 ft

Inclusions

Inclusions
2 Fridges, 2 Stoves, 2 Dishwasher, 2-Ductless AC systems, 1 Clothes Washer, 1 Clothes Dryer, All ELFs and GB&E.

Exclusions

Exclusions
All Chattels belonging to Tenants

Parking & Garages

Garage Type
None
Parking Spaces
3

Heating & Cooling

Heat Type
Gas Forced Air Closed
Air Conditioning
Yes
Water
Municipal

Municipality
Toronto
Neighbourhood
Roncesvalles
Main cross streets
Roncesvalles Ave. & Garden Ave.
Zoning
CR 2.5 (c1.0; r2.0) SS2 (x1792)
Directions
Roncesvalles Ave. & Garden Ave.

MLS® number
W14087314
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-16
Updated on
2026-10-16
Days on market
1 day
Possession type
Flexible
Co-op commission
2.5
Seller
Listed by
REMAX YOUR COMMUNITY REALTY

Home Market Value

Current home valuation for 151 Roncesvalles Avenue, Toronto, Roncesvalles, Toronto, ON. Listed for $2,500,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 151 Roncesvalles Avenue, Toronto, Roncesvalles

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$500,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$2,000,000$1,875,000$1,750,000$1,625,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$9,765monthly$9,155monthly$8,544monthly$7,934monthly
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Land Transfer Tax

Provincial

$48,975

Municipal (Toronto)

$48,975

Total Land Transfer Tax

$97,950

Around this home

10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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