2243 Dundas St, Toronto, Ontario, M6R 1X6
Description
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.
Home Details
List Date
2026-09-09
Style
Store With Apt/Office
Type
Store W/Apt/Office
Status
Active
Year Built
UNKNOWN
Features
Bedrooms
-
Bathrooms
5
Heating
Water Radiators
Cooling
-
Parking
2 Spaces
Appliances & Equipment
Inclusions
Prime Roncesvalles location offered at 5.5% cap rate. Secure mixed-use asset generating $138,000 in gross annual revenue.Ground floor commercial space is secured with a 5-year lease signed in Summer 2025, including one additional 5-year renewal option. The second and third floors each offer luxury 2-bedroom, 2-bathroom residential suites with thoughtful layouts and excellent flow. These units have consistently leased quickly at premium rental rates due to their uniqueness and upgraded finishes.
Exterior
Construction
-
Water & Sewer
Municipal
Lot Size
17.66 x 115 Feet
Garage
None
Taxes
$11K (2025)
Listing Brokerage
Brokerage Name
ROYAL LEPAGE SIGNATURE REALTY
RealtHer Group
Real Estate Brokers
RE/MAX Metropolis
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