5 Sorauren Avenue, Toronto, ON M6R 2C6
Toronto, ON M6R 2C6
About this property
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.
Property facts & features
- Property type
- Multiplex
- MLS® number
- W13852858
- Source status
- New
- Bedrooms
- 14
- Bathrooms
- 7
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- M6R 2C6
- Parking spaces
- 0
- Garage
- Detached
- Lot depth (source units)
- 98
- Annual property tax
- 8501.81
- Basement
- None
- Laundry
- Not provided
- Interior features
- Carpet Free, Built-In Oven
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $4,300,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Toronto →Listing brokerage: JDL REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® W13852858. Information deemed reliable but not guaranteed.