$4,300,000.00

5 SORAUREN AVENUE, Toronto (Roncesvalles), Ontario, M6R2C6, Canada Listing ID: W13852858
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Bathrooms Bedrooms Property Type
7 14 Multi-family

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:31565)

Paul McDonald, Sales Representative
Paul McDonald is no stranger to the Toronto real estate market. With over 23 years experience and having dealt with every aspect of the business from simple house purchases to condo developments, you can feel confident in his ability to get the job done.
Book appointment/showing: 5 SORAUREN AVENUE (W13852858)
Additional Information
Amenity Near By
Features Carpet Free
Maintenance Fee
Maintenance Fee Payment Unit
Management Company
Ownership
Parking
  • Detached Garage -
  • No Garage -
Transaction For sale
Building
Bathroom Total 7
Bedrooms Total 14
Bedrooms Above Ground 14
Appliances Oven - Built-In
Basement Type None
Cooling Type Central air conditioning
Exterior Finish Brick
Fireplace Present
Foundation Type Block, Brick
Heating Fuel Natural gas
Heating Type Baseboard heaters, Forced air
Size Interior 3500 - 5000 sqft
Stories Total 2
Type Other
Utility Water Municipal water
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