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.
Under contract
C$2,599,900
2261 Dundas St W, Toronto, ON M6R 1X6
4beds
4baths
Office
Built in ----
5,308 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 94 days
- 5
- 0
Zillow last checked:
Listing updated:
Listed by:
CORCORAN HORIZON REALTY
Source: TRREB,MLS®#: W13414740
Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air, Electric
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Water Heater
Features
- ERV/HRV
- Flooring: Accessory Apartment
- Basement: Walk-Up Access,Separate Entrance,Full,Finished
- Has fireplace: No
Interior area
- Living area range: 5000 + null
Property
Parking
- Total spaces: 3
- Parking features: Private, Private Triple
Features
- Stories: 2.5
- Pool features: None
Lot
- Size: 5,308 Square Feet
- Features: Place Of Worship, Rec./Commun.Centre, School, Public Transit, Library, Hospital
Details
- Parcel number: 213500281
- Other equipment: Ventilation System
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Office
Materials
- Brick
- Foundation: Brick
- Roof: Flat,Shingle
Community & HOA
Community
- Security: Monitored, Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Toronto
Financial & listing details
- Annual tax amount: C$43,325
- Date on market: 6/8/2026
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: High Park
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.







