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.
Full Property Details
Interior
Bedrooms
14
Total Bedrooms
14
Washrooms
7
Square Footage
3500-5000 sqft
Basement
None
Heating Source
Gas
Heating Fuel
Baseboard
Air Conditioning
Central Air
Family Room
Yes
Kitchens
7
Total Kitchens
7
Fireplace Features
No
Bedrooms
14
Total Bedrooms
14
Washrooms
7
Square Footage
3500-5000 sqft
Basement
None
Heating Source
Gas
Heating Fuel
Baseboard
Air Conditioning
Central Air
Family Room
Yes
Kitchens
7
Total Kitchens
7
Fireplace Features
No
Exterior
Depth
98.0
Front
32.5
Lot Size
33 x 98.0 ft
Pool
None
Parking Spaces
0
Total Parking Spaces
0.00
Parking Description
Detached
Garage Spaces
0
Zoning
Residential / Rooming House
Depth
98.0
Front
32.5
Lot Size
33 x 98.0 ft
Pool
None
Parking Spaces
0
Total Parking Spaces
0.00
Parking Description
Detached
Garage Spaces
0
Zoning
Residential / Rooming House
Building Description
Style
2-Storey
Home Type
Apartment
Subtype
Multiplex
Property Orientation
East
Exterior Finish
Brick
Sewers
Sewer
Water Supply
Municipal
Possession Date
10/1/2026
Style
2-Storey
Home Type
Apartment
Subtype
Multiplex
Property Orientation
East
Exterior Finish
Brick
Sewers
Sewer
Water Supply
Municipal
Possession Date
10/1/2026
Community
Community
Roncesvalles
Community
Roncesvalles
Taxes & Fees
Taxes
$8,501.81 /yr
Tax Year
2026
Occupancy
Tenant
Taxes
$8,501.81 /yr
Tax Year
2026
Occupancy
Tenant
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