74 Sorauren Avenue, Toronto | Image 1

74 Sorauren Avenue

Toronto, Roncesvalles

  • Commercial

$3,200,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: R(D0.6*296) - Le

  • Age: No Data

  • Taxes: 13287.12

  • MLS®#: W11964492

  • Days on Site: 4 Days

  • Added: Feb 06, 2025 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: PROPERTY.CA INC.

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.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Toronto

  • Community: Roncesvalles

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Heat Type: Radiant

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Lane

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2024

  • Taxes: $13,287

  • Taxes Type: Annual

Land

  • Cross Street: Queen W / Sorauren

  • Municipality District: Toronto W01

  • Lot Depth: 113 Feet

  • Lot Frontage: 50.5 Feet

  • Zoning: R(D0.6*296) - Le

Commercial Specific

  • Total Area: 5455

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

Map of 74 Sorauren Avenue, Toronto
JK-6

Shirley Street Junior Public School

Elementary: Public
0.86 km
JK-8

Holy Family Catholic School

Elementary: Catholic
0.69 km
JK-6

Garden Avenue Junior Public School

Elementary: Public
0.57 km
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St Vincent de Paul Catholic School

Elementary: Catholic
0.70 km
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Parkdale Junior and Senior Public School

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Fern Avenue Junior and Senior Public School

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0.55 km
9-12

Bloor Collegiate Institute

Secondary: Public
1.95 km
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Bishop Marrocco/Thomas Merton Catholic Secondary School

Secondary: Catholic
1.79 km
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