Active
74 Sorauren Ave
Toronto Ontario, M6R 2C7
C$3,200,000
Active
Commercial
Rarely available Investment Opportunity To Own A Well Maintained Legal 8-Plex sitting on a large 50.5ft x 113ft double corner lot in the heart of Roncesvalles. Existing cap rate of over 4.5% with lots of upside for improved rents and potential for future density or development. Partial vacancy possible so you can set your own rents in this highly sought after neighbourhood, steps from Sorauren Park, Roncesvalles and the Lakeshore. All the above grade units have their own outdoor space. Each unit has their own electric water heater. All units have separately metered Hydro and tenants pay their own Hydro. See Floor Plans for more info.
W11964492
MLSⓇ ID
February 12, 2025
Updated
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
N
Heating
Yes
Heating Description
Radiant
Exterior/Building Features
Lot Size
0.13 Acres
Other Property Details
Area Name
Roncesvalles
Taxes
$13,287
Tax Frequency
Annually
Garage
No
Parking
Lane
Parking Total
3
View
No
County
Ontario
Municipality
Toronto
Water Source
Municipal
Pool
No
Utilities
Y
Zoning
R(D0.6*296) - Legal Multi-Res 8-plex
Courtesy of Listed by , PROPERTY.CA INC.,
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Data last updated 3:08 PM UTC, 2/12/2025