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    For Sale - 5 Sorauren Avenue, Toronto, Ontario

    Est payment $20,648/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Established legal 7-unit multi-residential property with immediate rental income.
    • Approved plans for 5 additional units, allowing growth potential.
    • Prime location in desirable Sorauren/Parkdale neighborhood near parks and amenities.
    • Close to public transit, shops, restaurants, and vibrant community.
    • Clear path for further development and investment opportunities.




    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 IDW13852858
    Address5 Sorauren Avenue
    CityToronto, Ontario
    Price$4,300,000
    Bed / Bath14 / 7 Full
    Style2-Storey, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Carpet Free, Built-In OvenOwnership FreeholdBasement NoneFoundation Concrete Block, BrickHeating / Cooling BaseboardHeating Fuel GasSewer Sewer

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    Listing Brokerage: JDL REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    5 Sorauren Avenue
    Toronto , Ontario
    14 7 $4,300,000
    Get more info