I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.
Toronto · Toronto Region · Roncesvalles
5 Sorauren Avenue
Multiplex
MLS® #W13852858
Listed for$4,300,0001 day on market
14 bed 7 bath 0 parking 3500-5000 sq ft~$1,012/sq ft
New this week
9 schools within 1 km
Streetcar ~50 m
Free · about 10 seconds
Is $4,300,000 a fair price?
See AskEmma’s read of this asking price against recent comparable sales — how far above or below, and the range they sold in.
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Est. all-in monthly~$20,716/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.
Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.
Schools
Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.
Parkdale Collegiate InstitutePublic · Secondary · Toronto DSB0.4 km
Parkdale Junior and Senior Public SchoolPublic · Elementary & Secondary · Toronto DSB0.5 km
Holy Family Catholic SchoolCatholic · Elementary & Secondary · Toronto CDSB0.5 km
Queen Victoria Junior Public SchoolPublic · Elementary & Secondary · Toronto DSB0.6 km
Fern Avenue Junior and Senior Public SchoolPublic · Elementary & Secondary · Toronto DSB0.7 km
Garden Avenue Junior Public SchoolPublic · Elementary · Toronto DSB0.7 km
Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.
Getting around
Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.
Sorauren AvenueNearest transit · Streetcar~50 m
Lansdowne AvenueNearest subway · Subway~2.1 km
ExhibitionNearest GO / rail · GO / regional rail~1.8 km
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Toronto
2,794,356Population (2021)
39.6Median age
$84,000Median household income
51.9%Home owners
48.1%Renters
2.4Avg household size
Source: Statistics Canada, 2021 Census
Description & details
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.
The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.
Listed by JDL REALTY INC.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.
For sale
