Salehian.com 647-325-5000

2261 Dundas Street W

Roncesvalles, Toronto, M6R 1X6

$2,599,900

Reduced $300,000 from $2,899,900

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  • 4 bedrooms
  • 4 bathrooms
  • 3 parking
  • 5000 + sq ft

Listed 133 days ago · 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.

Details

Type
Store W Apt/Office
Style
2 1/2 Storey
Size
5000 + sq ft
Lot
46.16 × 115 ft
Basement
Walk-Up, Separate Entrance, Full, Finished
Garage
None
Kitchens
2
Property tax
$43,325 (2025)
Neighbourhood
Roncesvalles
Municipality
Toronto W01

Interior

Bedrooms
4 above ground
Bathrooms
2 × 4-piece (upper), 2 × 8-piece (basement)
Rooms
10 above ground
Family room or den
No
Fireplace
No
Features
Ventilation System, Water Heater, ERV/HRV, Accessory Apartment

Heating, cooling and services

Heating
Forced Air, Electric
Air conditioning
Central Air, Window Unit(s)

Building and exterior

Style
2 1/2 Storey
Exterior
Brick
Roof
Flat, Shingles
Foundation
Brick
Faces
West

Parking

Total parking
3
Driveway and parking
Private, Private Triple

Lot

Size
46.16 × 115 ft

More

Possession
TBD
Nearby
Place Of Worship, Rec./Commun.Centre, School, Public Transit, Library, Hospital
Cross street
Roncesvalles & Dundas

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Dundas West Subway4 min walk
  • 🚇 Bloor UP Express6 min walk
  • 🚆 Exhibition GO3.4 km

Within a 10-minute walk: 6 grocery stores, 73 cafés and restaurants, 12 parks, 7 pharmacies. Nearest grocery: Baraka Halal Food (150 m). Nearest park: Dundas Roncesvalles Peace Garden (150 m).

Schools nearby

Elementary

  • Howard Junior Public School
    EQAO: Gr 6 reading 93%, math 87%    7 min walk
  • Keele Street Public School
    EQAO: Gr 6 reading 98%, math 84%    12 min walk
  • Mountview Alternative School Junior
    EQAO: Gr 6 reading 83%, math 83%    12 min walk
  • Perth Avenue Junior Public School
    EQAO: Gr 6 reading 90%, math 68%    14 min walk

Secondary

  • Bishop Marrocco/Thomas Merton Catholic Secondary School Catholic
    EQAO: Gr 9 math 41%, literacy test 69%    3 min walk
  • École secondaire Toronto Ouest French14 min walk
  • La passerelle secondaire French14 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M6R

Owners / renters
51% / 49%
Median household income
$104,000
Average age
40
Children under 15
15%
Homes
16% detached, 11% high-rise
Commute by transit
23%
Population
19,349

Languages spoken most at home besides English: Polish 1.8%, Spanish 0.5%, Portuguese 0.5%, Ukrainian 0.4%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in High Park-Swansea (2025): 35% below the Toronto average, about the same from the year before.

  • Assault39% below average
  • Break and enter21% above average
  • Auto theft60% below average
  • Robbery41% below average
  • Theft from vehicles39% below average
  • Shootingsabout average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 10 active

  • 2400 DUNDAS ST W · 400 m
    Site Plan · Under Review · applied 2025
    Site Plan Control application for Phase 2 of 2400-2440 Dundas Street West, which consists of two towers at 25 and 42 storeys on a 2-storey shared podium with…
    Application details
  • 2400 DUNDAS ST W · 400 m
    Site Plan · NOAC Issued · applied 2025
    Site Plan Control application for Phase 1 of 2400-2440 Dundas Street West, which consists of a 37-storey tower on a 3 storey podium (Tower A) and will include…
    Application details
  • 2280 DUNDAS ST W · 50 m
    Site Plan · Under Review · applied 2022
    The Proposal includes six mixed-use residential buildings on six development blocks. It will offer both ownership and rental housing options, and will be…
    Application details
  • 2264 DUNDAS ST W · 50 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2022
    The Proposal includes six mixed-use residential buildings on six development blocks. It will offer both ownership and rental housing options, and will be…
    Application details
  • 2280 DUNDAS ST W · 50 m
    Plan of Subdivision · Under Review · applied 2022
    The Proposal includes six mixed-use residential buildings on six development blocks. It will offer both ownership and rental housing options, and will be…
    Application details
  • 1540 BLOOR ST W · 200 m
    Site Plan · Under Review · applied 2022
    INACTIVE Proposal for a 27 storey mixed use building.
    Application details

10 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 6 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Building permits

  • Interior Alterations · 2024 · Closed
    Revision 01: The potential use of the building has been revised from a group `A-2' occupancy to group 'D' on the ground floor. The…

14 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

55 City street trees within 100 m. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by CORCORAN HORIZON REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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