Welcome to this remarkable 2 1/2 Storey store w apt/office located in the coveted neighborhood of Roncesvalles. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,569,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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 5.5% projected Cap Rate. A unique opportunity to secure a high-visibility commercial space with significant residential
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Data-driven valuation for 41 Roncesvalles Avenue, Toronto W01, ON M6R 2K4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,569,000 in Toronto, the legal minimum down payment is $313,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $27,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $27,855 also applies, bringing the total estimated land transfer taxes to $55,710.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.