Homula Realty Brokerage
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414 Roncesvalles Avenue, Toronto, ON M6R 2N2

Commercial Retail
$1,950,000

Attention investors! Rare opportunity to own a prominent mixed-use property in the heart of vibrant Roncesvalles Village. Located on one of Toronto's most established and sought-after neighbourhood main streets, 414 Roncesvalles Avenue offers an exceptional combination of commercial exposure and residential income.The property features highly visible street-front well established restaurant around 900 sq ft in additions to the basement with a nice patio at the backyard. The residential unit is beautifully well maintained species around 1000 sq ft, 2 bedrooms with ensuite laundry. Both commercial and residential units are fully leased by AAA tenants. Exceptional pedestrian and vehicular exposure along Roncesvalles Avenue, surrounded by established residential neighbourhoods, popular restaurants, cafés, shops and services, with convenient access to transit, High Park, Roncesvalles Village and the west-end Toronto lifestyle.Resturant is rented for $7778/m + HST + Utilities iand Residential unit is rented for $2750. There is an extra access to the rear of the building through an alley.

MLS number
W13690058
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
Postal code
M6R 2N2
Photos
19
Property tax
$17,363 / year
25days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Howard Junior Public School7.6 / 10
Elementary · Regular Track
TDSB boundary
Parkdale Collegiate Institute7.4 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Bishop Marrocco/Thomas Merton Catholic Secondary School
Toronto CDSB
Secondary534 m5.5 / 10
55% met the standard · 2 of 6 measures
St Vincent de Paul Catholic School
Toronto CDSB
Elementary624 m8.3 / 10
83% met the standard
Fern Avenue Junior and Senior Public School
Toronto DSB
Elementary837 m7.5 / 10
75% met the standard
Garden Avenue Junior Public School
Toronto DSB
Elementary958 m9.1 / 10
91% met the standard
École élémentaire Toronto Ouest
CS Viamonde
Elementary860 mNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 642 people.

$97,000Median household income
39.3%Own their home
19%Detached houses
37.2Median age
23.2%Born outside Canada
69.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35201358 — the few blocks around this address, home to 642 people. It describes the area, not this property.

642Population
37.9Average age
2.2Household size
$200,000Average household income
$97,000Median household income
39%Own their home
61%Rent
0%Condominiums
23%Born outside Canada
70%University degree
$2,000,000Average home value
10%Low income
22%Not in the labour force
37%Never married
Under $5,0001%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9993%
$25,000 to $29,9995%
$30,000 to $34,9991%
$35,000 to $39,9992%
$40,000 to $44,9991%
$45,000 to $49,9991%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over33%
$100,000 to $124,9995%
$125,000 to $149,9995%
$150,000 to $199,9995%
$200,000 and over17%

Percentages are of the 430 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$390,000 · minimum here is $390,000
$8,634.18per month
Borrowed before insurance$1,560,000
Total borrowed$1,560,000
Interest over 25 years at 4.5%$1,030,253

If you rented it out

-$10,081.09per month out of pocket
Rent$0.00
Everything it costs to hold$10,081.09
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 8 still in progress.

1439 BLOOR ST W385 m
Council Approved · applied December 24, 2025

Zoning By-law Amendment to permit the development of a 33-storey apartment building with 377 residential units, including 6 affordable rental units and 994 square metres of retail and commercial space.

City planning file →
158 STERLING RD435 m
Under Review · applied May 30, 2024

Site Plan Approval for a 31-storey mixed-use building which includes 25,493m2 of residential gross floor area with 388 residential units and 838m2 of non-residential GFA.…

City planning file →
158 STERLING RD435 m
Under Review · applied August 15, 2022

Site Plan application to allow for the construction of a new commercial office building. The proposed building will be 11 storeys (44.86 metres) in height, excluding the mechanical penthouse.…

City planning file →
2280 DUNDAS ST W158 m
Under Review · applied August 9, 2022

The Proposal includes six mixed-use residential buildings on six development blocks. It will offer both ownership and rental housing options, and will be anchored around a new community public park and public street system.…

City planning file →
2280 DUNDAS ST W158 m
Under Review · applied July 13, 2022

The Proposal includes six mixed-use residential buildings on six development blocks. It will offer both ownership and rental housing options, and will be anchored around a new community public park and public street system.…

City planning file →
1540 BLOOR ST W339 m
Under Review · applied April 26, 2022

INACTIVE Proposal for a 27 storey mixed use building.

City planning file →
150 STERLING RD461 m
Under Review · applied April 22, 2022

Site Plan Approval for a 13-storey mixed-use building having a non-residential gross floor area of 1116 square metres, and a residential gross floor area of 12,282 square metres.

City planning file →
6 HOWARD PARK AVE248 m
Under Review · applied November 8, 2021

*** 128 dwelling units, 40 parking spaces

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by MABANI REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.