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MLS® W13852858
Roncesvalles, Toronto, ON
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.
Broker
JDL REALTY INC.
Neighbourhood
Roncesvalles
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Multiplex
5 Sorauren Avenue Toronto
Roncesvalles
Type
Multiplex
Basement
None
Parking
Detached (0)
Property Tax
~$8,502/yr
Heating
Baseboard
Buying Essentials
Square Feet
4250 sqft
Facing Direction
East
Parking
Detached (0)
Finances
List Price
$4,300,000
Price per SQFT
$1,012/sqft
Property Tax
~$8,502/yr
Property Specs
Property Type
Multiplex
MLS Size
4250 sqft
Basement
None
Living & Amenities
Heating Type
Baseboard
Features
Carpet Free · Built-In Oven
Policies & Utilities
Neighbourhood
Roncesvalles
Listed On
Oct 1, 2026
Days on Market
Current: 37 days
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