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$4,300,000
Status: For Sale
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.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :W13852858 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :01 Oct, 2026 (7 Hours ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Toronto |
|---|---|
| Postal Code | :
M6R 2C6
|
| Price | : $4,300,000 |
|---|---|
| Property Taxes | :$8501.81 |
| Tax Year | :2026 |
|---|
| Bedrooms | :14 + |
|---|---|
| No. of Rooms | :9 |
| Air Conditioning | :Central Air |
| Heating | :Baseboard |
| Cross Street | :Sorauren & Queen |
| Bathrooms | :7 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :3500-5000 sqft |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :0 |
| Basement | :No |
| Garage | :Detached |
|---|
01 Oct, 2026
TREB #W13852858
Listed
$4300000.0
