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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.
City: Toronto W01

| Purchase Price | $4,300,000 |
| Down Payment | $860,000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $3,440,000 |
| Mortgage Payment | $21,198 |
| Property Taxes | $709 |
| Maintenance Fees | $0 |
| Monthly Payment | $21,907 |
Located at 5 Sorauren Avenue , this Toronto W01 house is available for sale. This property was listed for $4,300,000 on Fri Oct 02 2026. It has 14 bedrooms and 7 bathrooms. The property includes the following rooms: .
MLS#: undefined · $4,300,000 · 14 bedroom house in Toronto W01