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.
Key Facts:
Tax:
$8,502 / 2026
Property Type:
Multiplex
Sq. ft. size
3500-5000 sq. ft.
Lot Size:
32.5 x 98 feet
Lot Irregularities:
PLAN 550 PT LOT 4 AND RP 66R10623 PART 6
Basement:
None
Possession:
2026-10-01
Listing #:
W13852858
Days on Site:
34 days
Status Change:
33 days ago
Added to CiRealty:
2026-10-02
Updated on:
2026-10-02
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for 5 Sorauren Ave, Toronto. Listed for $4,300,000 on 2026-10-02
Property
Property Type:
Multiplex
Style:
2-Storey
Community:
Roncesvalles
Municipality:
Toronto W01
Inside
Bedrooms:
14
Bathrooms:
7
Bathrooms Detail:
7 × 3pc
Kitchens:
7
Rooms:
9
Family Room:
Yes
Den:
Yes
Fireplace:
No
Central Vac:
No
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Baseboard
Building
Size:
3500-5000 sq. ft.
Construction:
Brick
Parking
Garage Type:
Detached
Land
Sewer:
Sewers
Frontage:
32.5 feet
Depth:
98 feet
Cross Street:
Sorauren & Queen
Property
Property Type:
Multiplex
Style:
2-Storey
Community:
Roncesvalles
Municipality:
Toronto W01
Building
Size:
3500-5000 sq. ft.
Construction:
Brick
Parking
Garage Type:
Detached
Inside
Bedrooms:
14
Bathrooms:
7
Bathrooms Detail:
7 × 3pc
Kitchens:
7
Rooms:
9
Family Room:
Yes
Den:
Yes
Fireplace:
No
Central Vac:
No
Land
Sewer:
Sewers
Frontage:
32.5 feet
Depth:
98 feet
Cross Street:
Sorauren & Queen
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Baseboard
Mortgage Calculator
Our calculator shows you how changing your payment frequency and making prepayments can save you money!
