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.,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2025 Toronto Real Estate Board. All rights reserved. 

Data last updated 3:08 PM UTC, 2/12/2025

 

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