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1470

MLS® W13852858

Overview

Key Facts

Type 
Levels Residential Income
Size -
Garage Yes
Taxes $8,502
Days Active 0
Lot Size 
Approx. Age 
MLS® Number W13852858

Property Address: 5 Sorauren Ave, Toronto, ON, M6R2C6

Average square foot calculated using Size range provided by listing agent.

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:58753)Show Description
MLS® NumberW13852858
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementNone
DrivewayDetached Garage, No Garage
Garage Spaces
HeatBaseboard heaters, Forced air, Natural gas
A/CCentral air conditioning

Extras

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