Michael Tzakas
Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage
Independently owned and operated.
685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6
Cell: 416-561-3911Office: 416-494-7653
$2,195,000
Available - For Sale
Listing ID: W13763074
2243 Dundas Street West , Toronto, M6R 1X6, Toronto
| 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. |
| Price | $2,195,000 |
| Taxes: | $11483.62 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 2243 Dundas Street West , Toronto, M6R 1X6, Toronto |
| Postal Code: | M6R 1X6 |
| Province/State: | Toronto |
| Legal Description: | PT LT 13-14 PL 1199 TORONTO AS IN WG1453 |
| Directions/Cross Streets: | Bloor St/Roncesvalles |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | F |
| Total Area: | 3300.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 2200 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Franchise: | F |
| Sprinklers: | No |
| Washrooms: | 5 |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | Yes |
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Years
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| ROYAL LEPAGE SIGNATURE REALTY |
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Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Toronto |
| Municipality: | Toronto W01 |
| Neighbourhood: | High Park-Swansea |
| Tax: | $11,483.62 |
| Baths: | 5 |
| Fireplace: | N |
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