5 SORAUREN AVENUE, Toronto, Ontario M6R 2C6
$4,300,000.00
- 14 bedrooms
- 7 bathrooms
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 ... read more
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:25417)
- Listing ID: W13852858
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 32.5 by 98 FT |
| Parking: | Detached Garage |
| Building | |
|---|---|
| Type: | Multi-family Other |
| Appliances: | Oven - Built-In |
| HVAC: | Baseboard Heaters, Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Brick |
| Basement: | None |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Toronto (Roncesvalles) |
| Province: | Ontario |
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