5 Sorauren Avenue Toronto, Ontario M6R 2C6
$4,300,000
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. (id:43697)
Property Details
| MLS® Number | W13852858 |
| Property Type | Multi-family |
| Community Name | Roncesvalles |
| Features | Carpet Free |
Building
| Bathroom Total | 7 |
| Bedrooms Above Ground | 14 |
| Bedrooms Total | 14 |
| Appliances | Oven - Built-in |
| Basement Type | None |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Block, Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 2 |
| Size Interior | 3,500 - 5,000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 98 Ft |
| Size Frontage | 32 Ft ,6 In |
| Size Irregular | 32.5 X 98 Ft |
| Size Total Text | 32.5 X 98 Ft |
| Zoning Description | Residential / Rooming House |
https://www.realtor.ca/real-estate/30354739/5-sorauren-avenue-toronto-roncesvalles-roncesvalles
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October 02 2026 04:59:40
Toronto Regional Real Estate Board
Jdl Realty Inc.