$4,300,000
Est. payment $19,039/moCalculate yours
5 Sorauren Avenue, Toronto, ON M6R 2C6
Roncesvalles, Toronto, ON M6R 2C6
- 14 Beds
- 7 Baths
- 3,500 Sq Ft
Listing courtesy of JDL REALTY INC. MLS® W13852858
About this home
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 details
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 3,500 sqft
Interior
- Bedrooms
- 14
- Bathrooms
- 7
- Kitchens
- 7
- Total Rooms
- 9
- Basement
- None
Building & Systems
- Heating
- Baseboard (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block, Brick
- Roof
- Asphalt Rolled
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 32.5 x 98 Feet
- Parking
- Detached garage
- Zoning
- Residential / Rooming House
Financial
- Property Taxes
- $8,502 (2026)
Location
- Neighbourhood
- Roncesvalles
- Cross Street
- Sorauren & Queen
- Direction Faces
- East
Listing
- MLS® Number
- W13852858
- Days on Market
- 17
- Listed On
- 2026-10-01
- Listed By
- JDL REALTY INC.
Features
Interior
- Carpet Free
- Built-In Oven
Pool
- None
Mortgage calculator
Estimated mortgage payment
$19,039 per month
- Principal and interest
- $19,039
- Property tax
- $708
- Condo fees
- $0
- Estimated monthly cost
- $19,748
Your mortgage
- Mortgage amount
- $3,440,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $2,271,841
Cash to close
- Down payment
- $860,000
- Land transfer tax (Ontario + Toronto)
- $203,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $1,063,950
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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