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.
For sale
C$4,300,000
5 Sorauren Ave, Toronto, ON M6R 2C6
14beds
7baths
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 1 day
- 2
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Zillow last checked:
Listing updated:
Listed by:
JDL REALTY INC.
Source: TRREB,MLS®#: W13852858
Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 7
Heating
- Baseboard, Gas
Cooling
- Central Air
Appliances
- Included: Built-In Oven
Features
- Flooring: Carpet Free
- Basement: None
- Has fireplace: No
Interior area
- Living area range: 3500-5000 null
Property
Features
- Stories: 2
- Pool features: None
Lot
- Size: 3,185 Square Feet
Details
- Parcel number: 213390199
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Block, Brick
- Roof: Asphalt Rolled
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Toronto
Financial & listing details
- Annual tax amount: C$8,501
- Date on market: 10/2/2026
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Roncesvalles
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.







