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, cafés, 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.
Toronto retail priced at $2,599,900 — book a tour to see if it fits your search.Ask Zara a follow-up
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Closed sales on the TRREB MLS®.
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Listing brokerage: CORCORAN HORIZON REALTY, BrokerageMLS® W13414556 · Listing data last updated
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Based on 9,556 sales from Jul 11 – Oct 9, 2026 (6,500 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
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2261 Dundas St W is listed at $2,599,900 (MLS® W13414556). Summitly updates the price as soon as the MLS® record changes.
Yes — it was first listed at $2,899,900 and is now $2,599,900, a drop of $300,000 (10.3%).
The listing for 2261 Dundas St W doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
The nearest rapid-transit station is Dundas West Station (Line 2), about 260 m (about a 3-minute walk) in a straight line. Bloor GO Station is about 370 m (about a 5-minute walk), and Keele Station is about 590 m (about a 7-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $2,599,900 is about 206% above the median sold price in Toronto over the last 90 days, $850,000, across 9,556 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 2261 Dundas St W on record from the last two years. Older records aren't shown under TRREB rules.
2261 Dundas St W is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
123 days — 2261 Dundas St W was listed on June 8, 2026.
About $102,945 at the asking price of $2,599,900: $51,473 Ontario land transfer tax plus $51,473 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
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The listing for 2261 Dundas St W doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
The listing for 2261 Dundas St W doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.