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$ 4,300,000
Est. payment /mo
New
5 Sorauren AVE Toronto W01, ON M6R 2C6
14 Beds
7 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Municipality Toronto W01
Subdivision Roncesvalles
MLS Listing ID W13852858
Style 2-Storey
Bedrooms 14
Annual Tax Amount $8,501
Tax Year 2026
Property Sub-Type Multiplex
Property Description
Rare Multi-Residential Investment & Development Opportunity in Toronto! Exceptional opportunity to acquire an established legal 7-unit multi-residential property with approved plans for Phase 2 development of an additional 5 residential units - offering the potential for a 12-unit multi-residential property upon completion. The existing building consists of 7 self-contained residential units, providing immediate rental income while offering significant value-add potential through the approved second phase. Ideally situated in the highly desirable Sorauren/Parkdale neighbourhood, steps to Sorauren Avenue Park and minutes to Roncesvalles Village, Queen Street West, TTC, shops, restaurants and everyday amenities. An outstanding opportunity for investors, developers and multi-residential operators to acquire an income-producing asset with a clear path for further intensification in a prime Toronto location. Existing 7 legal units + approved plans for 5 additional units - a truly unique investment and development opportunity.
Location
Province ON
County Toronto
Community Toronto W01
Area Toronto
Rooms
Family Room Yes
Basement None
Kitchen 7
Interior
Interior Features Carpet Free, Built-In Oven
Heating Yes
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Rolled
Lot Frontage 32.5
Lot Depth 98.0
Building
Foundation Concrete Block, Brick
Others
ParcelsYN No
Listed by JDL REALTY INC.