Toronto
Toronto
$4,300,000
5 SORAUREN AVENUE, Toronto, M6R2C6
MLS Number: W13852858
Beds
14
Baths
7
Listing
For Sale
Type
Freehold
Square Feet
3,500 - 5,000
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.
Location
View this property on the map
5 SORAUREN AVENUE, Toronto, M6R2C6
Nearby Schools
Schools near 5 SORAUREN AVENUE
Distances are measured in a straight line from this property.
Parkdale Collegiate Institute
Secondary school · Grades 9-12
Toronto DSB
209 Jameson Ave, Toronto, Ontario, M6K2Y3
Parkdale Junior and Senior Public School
Elementary school · Grades JK-8
Toronto DSB
78 Seaforth Ave, Toronto, Ontario, M6K3L2
Holy Family Catholic School
Elementary school · Grades JK-8
Toronto CDSB
141 Close Ave, Toronto, Ontario, M6K2V6
Dr. Rita Cox – Kina Minogok Public School
Elementary school · Grades JK-8
Toronto DSB
100 Close Ave, Toronto, Ontario, M6K2V3
Fern Avenue Junior and Senior Public School
Elementary school · Grades JK-8
Toronto DSB
128 Fern Ave, Toronto, Ontario, M6R1K3
Garden Avenue Junior Public School
Elementary school · Grades JK-6
Toronto DSB
225 Garden Ave, Toronto, Ontario, M6R1M9
St Vincent de Paul Catholic School
Elementary school · Grades JK-8
Toronto CDSB
116 Fermanagh Ave, Toronto, Ontario, M6R1M2
City View Alternative Senior School
Elementary school · Grades 7-8
Toronto DSB
38 Shirley Street, Toronto, Ontario, M6K1S9
Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.
Estimate Tool
Mortgage Payment Calculator
Estimate monthly principal and interest, then add common carrying costs for a clearer planning number.
Down Payment
$860,000
Mortgage Amount
$3,440,000
Principal + Interest
$19,890 / mo
5-Year Term Payments
$1,193,403
Estimated Monthly Carrying Cost
$20,540
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
Helpful Guide
Buying advice and document help
If you are planning a purchase, it helps to understand the buyer process and keep your financing and closing documents organized.
Similar Homes Nearby