Rare Multi Residential Investment amp ; Development Opportunity in Toronto !
Toronto W01 M6R 2C6
Canada
Listing
| Web ID: | 5782346 |
|---|---|
| Website: | https://www.nestseekers.com/5782346 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Rooms: | 9 |
| Bedrooms: | 14 BR |
| Bathrooms: | 7 |
Financials
Price:C4,300,000
($3,017,900)
(€2,682,600)
Annual Taxes:C8,501.81
Description
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.
Amenities
- Built-In Oven
- Carpet Free

