5 Sorauren Avenue, Toronto
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:1945)
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Property details for 5 Sorauren Avenue, Toronto
- Type
- Multi-family
- Bedrooms
- 14
- Bathrooms
- 7
- Lot Size
- 32.5 x 98 FT
- Stories
- 2
- Basement
- None
- Parking
- Detached Garage, No Garage
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick
- Annual Taxes
- $8,502
Nearby Listings Stat
Estimated price and comparable properties near 5 Sorauren Avenue
Active Listings
1
Min Price
$4,300,000
Max Price
$4,300,000
Avg Price
$4,300,000
Days on Market
0
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Toronto, Ontario
Population
399
Median Age
40.6
Median Income
$30,400
Dwelling Value
$898,697
Housing Tenure
Owners 49%
Renters 49%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 9,477.4/km²
Avg Shelter Cost: $1,899/mo
Owners with Mortgage: 52.6%
Owners Spending 30%+: 35%
Tenants Spending 30%+: 47.4%
English only: 81.3%
English and French: 17.5%
Neither: 1.3%
Median Household Income: $68,523
Median Employment Income: $31,680
Price History
Listed
October 2, 2026
by JDL REALTY INC.
Current Price
$4,300,000
Type
Multi-family
For Sale
