Gurvinder Nokwal REALTOR®
For Sale Store W Apt/Office 132 days on market

$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
Map

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

Minimum for this price: $519,980 (20%)

Amortization, years

Estimated mortgage payment

$11,512 per month

Principal and interest
$11,512
Property tax
$3,610
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
Total, before legal fees
$622,925
Talk to me about financing

Estimates 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

2261 Dundas Street W, Toronto, ON M6R 1X6 Roncesvalles, Toronto, ON M6R 1X6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$2,599,900 2261 Dundas Street W, Toronto, ON M6R 1X6
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