The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Attention investors! Rare opportunity to own a prominent mixed-use property in the heart of vibrant Roncesvalles Village. Located on one of Toronto's most established and sought-after neighbourhood main streets, 414 Roncesvalles Avenue offers an exceptional combination of commercial exposure and residential income.The property features highly visible street-front well established restaurant around 900 sq ft in additions to the basement with a nice patio at the backyard. The residential unit is beautifully well maintained species around 1000 sq ft, 2 bedrooms with ensuite laundry. Both commercial and residential units are fully leased by AAA tenants. Exceptional pedestrian and vehicular exposure along Roncesvalles Avenue, surrounded by established residential neighbourhoods, popular restaurants, cafés, shops and services, with convenient access to transit, High Park, Roncesvalles Village and the west-end Toronto lifestyle.Resturant is rented for $7778/m + HST + Utilities iand Residential unit is rented for $2750. There is an extra access to the rear of the building through an alley.
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Age Groups
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Owners vs Renters
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Household Type
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$8,554/mo
Mortgage (principal + interest)$7,107
Property taxFrom listing: $17,363/yr$1,447
Minimum 20% ($379,978 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$379,978
Ontario land transfer taxProvincial brackets, no first-time refund$34,473
Toronto land transfer taxMunicipal brackets, no first-time refund$34,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$451,724
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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