5 Sorauren Avenue, Toronto, ON M6R 2C6
Toronto W01, ON, M6R 2C6 · Roncesvalles
About this property
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.
Features & Amenities
- Garage: Detached
- Cooling: Central Air
- Heat Type: Baseboard
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 14 |
| Bathrooms | 7 |
| Basement | None |
| Garage | Detached |
| Heat Type | Baseboard |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $8,502 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Carpet Free, Built-In Oven
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Concrete Block, Brick
- Roof
- Asphalt Rolled
- Basement
- None
Heating & Cooling
- Heat Type
- Baseboard
- Heat Source
- Gas
- Cooling
- Central Air
- Heating
- Yes
Parking & Garage
- Garage Type
- Detached
- Parking Spaces
- 0
- Parking Total
- 0.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 98.00
- Lot Width
- 32.50
Financial & Tax
- Tax Annual Amount
- $8,502
- Tax Year
- 2026
- Possession Type
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 9
- Rooms Total
- 9
- Kitchens Above Grade
- 7
- Kitchens Total
- 7
- Bedrooms Above Grade
- 14
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Toronto
- Cross Street
- Sorauren & Queen
- Directions
- as per google map
- Special Designation
- Unknown
- Showing Requirements
- Showing System