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.
Address
2243 Dundas Street W
List Price
$2,195,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
Sale
Area
Toronto W01
Sub-Area
High Park-Swansea
Region
Toronto
Bathrooms
5
Lot Depth
115
Lot Type
Building
Lot Size Units
Feet
Lot Width
17.66
Parcel Number
213500275
Total Building Area
3300
Occupant Type
Tenant
Cross Street
Bloor St/Roncesvalles
MLS® Number
W13763074
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Basement
Yes
Postal Code
M6R 1X6
Posession Details
TBD
Parking Spaces
2
Tax Amount
$11,483.62
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Type
Water Radiators
Cooling
Yes
Cooling Features
Yes
Garage Type
None
Tax Legal Description
PT LT 13-14 PL 1199 TORONTO AS IN WG145316; CITY OF TORONTO
Security Features
No