$2,599,900
↓ $300,000 from $2,899,900
Est. payment $11,512/moCalculate yours
2261 Dundas Street W, Toronto, ON M6R 1X6
Roncesvalles, Toronto, ON M6R 1X6
- 4 Beds
- 4 Baths
- 5,000 Sq Ft
Listing courtesy of CORCORAN HORIZON REALTY MLS® W13414740
About this home
Prime Mixed-Use Investment & Development Opportunity in the Heart of Roncesvalles Village.Exceptional opportunity to acquire a landmark mixed-use building at 2261-2263 Dundas Street West, offering strong in-place income, significant upside potential, and future redevelopment opportunities in one of Toronto’s most vibrant and sought-after neighbourhoods.The property features approximately 4,000 sq. ft. of street-level retail space plus a fully finished lower level complete with walk-in industrial freezer, storage areas, men’s and women’s washrooms, updated HVAC systems, and sprinkler infrastructure. Hundreds of thousands of dollars have been invested in building improvements, creating a turnkey opportunity for investors or owner-operators.Above the commercial space are two well-maintained 2-bedroom residential apartments, both occupied by long-term tenants and generating over $5,000 per month in rental income. The vacant retail component presents an excellent opportunity for owner occupancy or lease-up, with estimated rental potential of approximately $8,000-$10,000 per month, creating substantial income growth potential.Situated on a prominent stretch of Dundas Street West, the property benefits from exceptional visibility, strong pedestrian traffic, and proximity to transit, restaurants, cafes, and neighbourhood amenities. For developers, the site offers compelling long-term value with potential for redevelopment into a 6-storey mixed-use residential building with ground-floor retail, subject to buyer due diligence and municipal approvals.A rare opportunity to secure a high-exposure asset with immediate income, future leasing upside, and redevelopment potential in one of Toronto’s strongest urban markets.
Property details
Overview
- Property Type
- Store W Apt/Office
- Style
- 2 1/2 Storey
- For
- For Sale
- Status
- New
- Size
- 5,000 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 4
- Kitchens
- 2
- Basement
- Walk-Up, Separate Entrance, Full, Finished
Building & Systems
- Heating
- Forced Air (Electric)
- Cooling
- Central Air, Window Unit(s)
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Flat, Shingles
- Water
- Municipal
Lot & Parking
- Lot Size
- 46.16 x 115 Feet
- Parking
- None garage · 3 total
- Zoning
- Commercial Residential
Financial
- Property Taxes
- $43,325 (2025)
Location
- Neighbourhood
- Roncesvalles
- Cross Street
- Roncesvalles & Dundas
- Direction Faces
- West
Listing
- MLS® Number
- W13414740
- Days on Market
- 132
- Listed On
- 2026-06-08
- Possession
- TBD
- Listed By
- CORCORAN HORIZON REALTY
Features
Interior
- Ventilation System
- Water Heater
- ERV/HRV
- Accessory Apartment
Property
- Place Of Worship
- Rec./Commun.Centre
- School
- Public Transit
- Library
- Hospital
Pool
- None
- Included
- all electric light fixtures, Window Coverings, appliances in apartments
- Excluded
- Tenant belongings, Fitness equipment in the Commercial area
Mortgage calculator
Estimated mortgage payment
$11,512 per month
- Principal and interest
- $11,512
- Property tax
- $3,610
- Condo fees
- $0
- Estimated monthly cost
- $15,122
Your mortgage
- Mortgage amount
- $2,079,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,373,618
Cash to close
- Down payment
- $519,980
- Land transfer tax (Ontario + Toronto)
- $102,945
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $622,925
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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