
2261 Dundas Street
Toronto W01, ON
- 4 bed
- 4 bath
- approx. 5000 + sqft
- Store W Apt/Office
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.
Listing Details
- Taxes (2025)
- $43,325
- Originally Listed
- $2,899,900
- Listed
- June 8, 2026
Price History
Listing history
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Property
- Style
- 2 1/2 Storey
- Construction
- Brick
- Roof
- Flat, Shingles
- Foundation
- Brick
- Interior
- Ventilation System, Water Heater, ERV/HRV, Accessory Apartment
- Lot Size
- 46.16 x 115 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 3
Utilities
- Heat Source
- Electric
Location & Legal
- Cross Street
- Roncesvalles & Dundas
- Zoning
- Commercial Residential
- Parcel Number
- 213500281
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Included
- Inclusions
- all electric light fixtures, Window Coverings, appliances in apartments
- Exclusions
- Tenant belongings, Fitness equipment in the Commercial area
Schools
Secondary
- Bishop Marrocco/Thomas Merton Catholic Secondary School0.2 km
Catholic · Toronto CDSB · 775 students
Grade 10 literacy: 69% met the provincial standard
- École secondaire Toronto Ouest0.9 km
French public · CS Viamonde · 195 students
Grade 10 literacy: 100% met the provincial standard
- ÉSC Saint-Frère-André1 km
French Catholic · CS catholique MonAvenir · 350 students
Grade 10 literacy: 96% met the provincial standard
Elementary
- Howard Junior Public School0.5 km
Public · Toronto DSB · 395 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 87% met the provincial standard
- Keele Street Public School0.8 km
Public · Toronto DSB · 565 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 84% met the provincial standard
- Mountview Alternative School School0.8 km
Public · Toronto DSB · 95 students
Grade 6 math: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in Toronto W01 · last 12 months
- Median sold price
- $1,027,500
- Homes sold
- 480
- Median days on market
- 15
- Sale-to-list price
- 100.8%
Based on 480 recorded sales of residential freehold properties in Toronto W01 over the last 12 months.
Listed by
CORCORAN HORIZON REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$519,980
Estimated Monthly Payment
$12,773
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $12,773/mo (20% down, 5.5%)
Taxes: $3,610/mo · Insurance: $650/mo
Estimates only. Consult a financial advisor.
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