Room 1
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Roncesvalles, Toronto, Ontario M6R 2C6
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.
Listing activity for 5 Sorauren Ave, Toronto, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $4,300,000 | N/A | For Sale | W13852858 |
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Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Toronto and Region Conservation Authority · Province of Ontario open data
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Province of Ontario open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Monthly Payment
$19,712
Total monthly payment
$20,420
Break-even down payment
100%
Expand Neighbourhood demographics to load Statistics Canada census charts.
$4,300,000
$4,300,000
CAD
Estimate unavailable
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