5, Sorauren, Roncesvalles, Toronto, Residential Freehold

MLS® Number W13852858
For Sale   $ 4,300,000
  • 14 beds | 
  • 7 baths | 
  • 3500-5000 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Residential Freehold Multiplex For Sale.

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.

Interior Features: Carpet Free, Built-In Oven

Cross Street: Sorauren & Queen

Direction Faces: East

Key Facts

  • Days on: 0 days
  • Mls Status: New
  • Board Property Type: Free
  • Bedrooms Total: 14
  • Bedrooms Above Grade: 14
  • Den / Family Room: Yes
  • Bathrooms Total Integer: 7
  • Lot Width: 32.50
  • Kitchens Total: 7
  • Garage Type: Detached
  • Heat Source: Gas
  • Heat Type: Baseboard
  • Cooling: Central Air
  • Living Area Range: 3500-5000 Square Feet

Location 5, Sorauren, Roncesvalles, Toronto

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Kate Naccarato
Sales Representative 416-779-6085