Max Oliveira - Sutton Logo
$4,300,000
 $23,083 est/mo Sourced by Back At You

5 Sorauren Avenue,Toronto (Roncesvalles), ON M6R2C6

Toronto (Roncesvalles), ON M6R2C6

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Description

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:13843)

Details

MLS #W13852858
Listing TypeFor Sale
StatusActive
Days On Site38
Listing Provided ByJDL REALTY INC. | ANGELICA CHUNG

Features

Bed(s)14
Bath(s) 7 Total
SQ Feet3,500
Story(s)2
ZoningResidential / Rooming House

Interior

CoolingCentral air conditioning
HeatingBaseboard heaters, Forced air, Natural gas
AppliancesOven - Built-In
Fireplace Yes / NoNo

Exterior

Lot FeaturesCarpet Free
Foundation DetailsBlock, Brick

Parking

Parking FeaturesDetached Garage, No Garage
Parking Total0

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount8501.81

Area Information

ProvinceON
CityToronto (Roncesvalles)
Postal CodeM6R2C6
Listing VS Median (in M6R2C6)
Price:
$4,300,000
low | high
Med:
$4,300,000
50% of Average
sqft:
3,500
low | high
Med:
3,500
50% of Average
$ / sqft:
$1,229
low | high
Med:
$1,229
50% of Average
On site:
38
low | high
Med:
38
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Max Oliveira

Max Oliveira

Sutton Group - Associates Realty Inc., Brokerage

Sales Representative (416) 821-6299moliveira@sutton.com
ProvinceON
CityToronto (Roncesvalles)
Postal CodeM6R2C6
Listing VS Median (in M6R2C6)
Price:
$4,300,000
low | high
Med:
$4,300,000
50% of Average
sqft:
3,500
low | high
Med:
3,500
50% of Average
$ / sqft:
$1,229
low | high
Med:
$1,229
50% of Average
On site:
38
low | high
Med:
38
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $3.225M - $5.375M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
157 RONCESVALLES AVENUE Property Photo 1
$3,650,000
157 Roncesvalles Avenue
Toronto (roncesvalles), ON M6R2L3
159 RONCESVALLES AVENUE Property Photo 1
$3,650,000
159 Roncesvalles Avenue
Toronto (roncesvalles), ON M6R2L3
70 MELBOURNE AVENUE Property Photo 1
$4,295,000
70 Melbourne Avenue
Toronto (south Parkdale), ON M6K1K7
Listing Updated: October 1, 2026 at 9:44:10 PM PDT