Gurvinder Nokwal REALTOR®
For Sale Multiplex 17 days on market

$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
Map

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

Minimum for this price: $860,000 (20%)

Amortization, years

Estimated mortgage payment

$19,039 per month

Principal and interest
$19,039
Property tax
$708
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
Total, before legal fees
$1,063,950
Talk to me about financing

Estimates 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

5 Sorauren Avenue, Toronto, ON M6R 2C6 Roncesvalles, Toronto, ON M6R 2C6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$4,300,000 5 Sorauren Avenue, Toronto, ON M6R 2C6
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