272-274 Roncesvalles Avenue

Toronto W01, ON

6 bath • 13,875 sqft • Investment • 311 days on market

$7,495,000

Development opportunity within the heart of Toronto's west Roncesvalles community. A two adjacent lot site located just south of Bloor and Dundas with over 95 ft of "Major Street" frontage and situated on over 13,000 sq ft of land makes this property an ideal redevelopment potential for purpose built multi residential. Located within Toronto's newly implemented Major Streets initiative providing an as-of-right intensification, under the new performance standards, for up to 6 storeys and 60 units. This property is an ideal opportunity for any investors/developer looking to acquire a premium site for future development while at the same time benefiting from existing holding income. Currently the site consists of two residential properties-1. Legal 4 plex and 2. A single family detached home. Both properties combined have over 10,000 sq ft of living space with ample outdoor parking, strong financials and partially updated mechanicals and unit upgrades.

Listing Details

Taxes (2025): $22,080
Listed: October 20, 2025

Price History

Listing history

Property

Lot Size: 95 x 150 Feet

Utilities

Sewer: Sanitary

Location & Legal

Cross Street: Roncesvalles Ave & Westminister Ave
Zoning: R(d0.6*290)
Parcel Number: 213450156
Possession: Other

Commercial

Business Type: Apts - 2 To 5 Units
Occupancy: Tenant

Community

Postal area M6R

Population: 19,349
Private dwellings: 9,255
Median age: 39.2
Average household size: 2.2
Median household income: $104,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto W01 · last 12 months

Median sold price: $1,025,000
Homes sold: 473
Median days on market: 15
Sale-to-list price: 101.2%

Based on 473 recorded sales of commercial properties in Toronto W01 over the last 12 months.

Listed by

ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Commercial figures

Building area: 13,875 sq ft
Price per sq ft: $540.18
Annual property tax: $22,080
Tax per sq ft: $1.59

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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