MLS® listing
2261 Dundas Street W: store w apt/office for sale
$2,599,900
From the listing brokerage
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.
Facts on the listing
| Square feet | 5000 + |
|---|---|
| Style | 2 1/2 Storey |
| Basement | Walk-Up, Separate Entrance, Full, Finished |
| Lot width | 46.16 |
| Lot depth | 115 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 3 |
| Garage | None |
| Heating | Forced Air |
| Cooling | Central Air, Window Unit(s) |
| Kitchens | 2 |
| Property tax | $43,325 |
| Tax year | 2025 |
| Parking | Private, Private Triple |
| Interior features | Ventilation System, Water Heater, ERV/HRV, Accessory Apartment |
| Features | Place Of Worship, Rec./Commun.Centre, School, Public Transit, Library, Hospital |
Listing courtesy of CORCORAN HORIZON REALTY. MLS® W13414740.
About this store w apt/office
2261 Dundas Street W is a 4 bedroom store w apt/office in TRREB's Roncesvalles community in Toronto, listed for sale at $2,599,900. The listing shows 4 bathrooms and 5000 + square feet. The style is given as 2 1/2 storey. The lot is listed as 46.16 by 115 feet. The listing gives the basement as walk-up, separate entrance, full, finished. It comes with 3 parking spaces according to the listing. The nearest main intersection given is Roncesvalles & Dundas.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 2261 Dundas Street W
At the asking price of $2,599,900, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $2,599,900 |
|---|---|
| Ontario land transfer tax | $51,473 |
| Toronto municipal land transfer tax | $51,473 |
| Both taxes | $102,946 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $519,980 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2025) | $43,325 a year, about $3,610 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 46.16 by 115 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 2 kitchens. If there is a second unit, ask whether it meets the municipality's rules for one.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 2261 Dundas Street W
How much is land transfer tax on 2261 Dundas Street W?
At the asking price of $2,599,900 the Ontario tax is $51,473 and the Toronto tax is $51,473, $102,946 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 2261 Dundas Street W?
$519,980 at the asking price of $2,599,900, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 2261 Dundas Street W?
The listing shows $43,325 a year for 2025, about $3,610 a month.
How do I book a showing for 2261 Dundas Street W?
Use the form on this page or call us. Quote MLS® W13414740. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 2261 Dundas Street W still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). 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. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
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