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Toronto, ON, Canada
List price
$4,300,000
Why This Property?
This legal 7-unit multiplex in Roncesvalles totals 14 bedrooms and 7 bathrooms across about 5,000 square feet, with approved Phase 2 plans for 5 more units. It’s steps to Sorauren Avenue Park and minutes to Roncesvalles Village, Queen Street West, TTC, and everyday shops and restaurants.
Facts & Features
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 7
- Full: 7
- Half: 0
Living Area
- 5,000–5,000 sqft
Stories
Lot size
- 0.073 acres
Year built
- 0
Property type
- Multiplex
Standard status
- Active
Cooling
Heating
View
Utilities
Water / Sewer
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.
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Listing Broker
JDL REALTY INC.
MLS® TRREB · Listing #W13852858
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