$2,850,000
Available - For Sale
Listing ID: W12433477
74 Sorauren Avenue , Toronto, M6R 2C7, Toronto
| 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. Fully leased and cash flowing with an existing cap rate of over 5%! Plenty of upside for improved rents and potential for future density in one of Toronto's most sought after neighbourhoods. Steps from Sorauren Park, Roncesvalles, Queen West and the Lakeshore. All the above grade units have their own private outdoor space. Each unit has their own electric water heater. All tenants pay their own separately metered Hydro. With lots of recent upgrades and coin-laundry, this is truly a turn-key investment. See Floor Plans and Financials for more info. |
| Price | $2,850,000 |
| Taxes: | $13685.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 74 Sorauren Avenue , Toronto, M6R 2C7, Toronto |
| Postal Code: | M6R 2C7 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Queen/Sorauren |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 5455.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Radiant |
| Central Air Conditioning: | Partial |
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto W01 |
| Neighbourhood: | Roncesvalles |
| Tax: | $13,685 |
| Fireplace: | N |
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