1 / 255 SORAUREN AVENUE
Toronto (Roncesvalles), Ontario, M6R2C6
$4,300,000
Bedrooms
14
Bathrooms
7
Parking
0
About this property
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:66779)
Details
- Sewer
- Sanitary sewer
- Cooling
- Central air conditioning
- Heating
- Baseboard heaters, Forced air, Natural gas
- List aor
- Toronto
- Stories
- 2
- Basement
- None
- Appliances
- Oven - Built-In
- Directions
- Cross Streets: Sorauren & Queen. ** Directions: as per google map.
- Fireplace
- No
- Lot features
- Carpet Free
- Water source
- Municipal water
- Structure type
- Other
- Parking features
- Detached Garage, No Garage
- Tax annual amount
- 8,501.81
- Exterior features
- Brick
- Foundation details
- Block, Brick
- Lot size dimensions
- 32.5 x 98 FT
- Zoning description
- Residential / Rooming House
- Bedrooms above grade
- 14
More in Toronto
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