5 Sorauren Avenue
Roncesvalles, Toronto, M6R 2C6
$4,300,000
- 14 bedrooms
- 7 bathrooms
- 0 parking
- 3500-5000 sq ft
Listed 18 days ago · MLS® W13852858
About this home
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.
Details
- Type
- Multiplex
- Style
- 2-Storey
- Size
- 3500-5000 sq ft
- Lot
- 32.5 × 98 ft
- Basement
- None
- Garage
- Detached
- Kitchens
- 7
- Property tax
- $8,502 (2026)
- Neighbourhood
- Roncesvalles
- Municipality
- Toronto W01
Interior
- Bedrooms
- 14 above ground
- Bathrooms
- 7 × 3-piece
- Rooms
- 9 above ground
- Family room or den
- Yes
- Fireplace
- No
- Features
- Carpet Free, Built-In Oven
Heating, cooling and services
- Heating
- Baseboard, Gas
- Air conditioning
- Central Air
- Water and sewer
- Sewer
Building and exterior
- Style
- 2-Storey
- Exterior
- Brick
- Roof
- Asphalt Rolled
- Foundation
- Concrete Block, Brick
- Faces
- East
Lot
- Size
- 32.5 × 98 ft
More
- Possession
- Immediate
- Cross street
- Sorauren & Queen
History of this address
1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
- 🚇 Dundas West Subway2.1 km
- 🚇 Bloor UP Express2.1 km
- 🚆 Exhibition GO1.9 km
Within a 10-minute walk: 12 grocery stores, 80 cafés and restaurants, 18 parks, 7 pharmacies. Nearest grocery: Queen Supermarket Convenience (350 m). Nearest park: Albert Crosland Park (100 m).
Schools nearby
Elementary
- Parkdale Junior and Senior Public School8 min walk
- Holy Family Catholic School Catholic
EQAO: Gr 6 reading 83%, math 42%9 min walk - Dr Rita Cox - Kina Minagok Public School
EQAO: Gr 6 reading 74%, math 40%10 min walk - Fern Avenue Junior and Senior Public School
EQAO: Gr 6 reading 91%, math 62%11 min walk
Secondary
- Parkdale Collegiate Institute
EQAO: Gr 9 math 61%, literacy test 86%7 min walk - City View Alternative Senior School16 min walk
- École secondaire catholique Saint-Frère-André Catholic · French1.2 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area M6R
- Owners / renters
- 51% / 49%
- Median household income
- $104,000
- Average age
- 40
- Children under 15
- 15%
- Homes
- 16% detached, 11% high-rise
- Commute by transit
- 23%
- Population
- 19,349
Languages spoken most at home besides English: Polish 1.8%, Spanish 0.5%, Portuguese 0.5%, Ukrainian 0.4%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Major crime per resident in Roncesvalles (2025): about the Toronto average, down 19% from the year before.
- Assault22% above average
- Break and enter33% above average
- Auto theft55% below average
- Robberyabout average
- Theft from vehicles29% below average
- Shootingsnone reported
Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).
Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.
Development nearby 7 active
-
1605 QUEEN ST W · 300 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2026Zoning By-law Amendment to convert the existing building into the Phoenix Concert Theatre.Application details
-
138 DOWLING AVE · 350 mSite Plan · NOAC Issued · applied 2026Proposal to construct a 14 storey residential purpose-built rental building.Application details
-
1451 QUEEN ST W · 250 mOfficial Plan / Zoning By-law Amendment · Appeal Received · applied 2023The application proposes to demolish the existing buildings and construct a new 12-storey mixed use building containing 249 dwelling units. The proposed…Application details
-
1437 QUEEN ST W · 250 mSite Plan · Under Review · applied 2023The application proposes to demolish the existing buildings and construct a new 12-storey mixed use building containing 249 dwelling units. The proposed…Application details
-
1375 QUEEN ST W · 400 mSite Plan · NOAC Issued · applied 2021Site Plan Approval for a 7-storey mixed-use building having a residential gross floor area of 3312 square metres, and a non-residential gross floor area of 268…Application details
-
10 MAYNARD AVE · 450 mSite Plan · Under Review · applied 2021Proposal to remove the existing three-storey front portion of the residential building and to construct a two-storey addition for the purpose of introducing a…Application details
6 more within 500 m.
Rezoning, site plan, subdivision and condominium applications filed with the city.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.
Living here
Commute
To Union Station (downtown Toronto): 5 km. Transit times · Driving times
Coming transit
- 🚧 Exhibition 1.8 km · opening 2031
Stations under construction or approved. Opening dates are the latest public estimates and often move.
Noise 1 source nearby
- 🛣️ Gardiner Expressway450 m
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
What can be built R
Residential (with a site-specific exception).
- ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
- ✅ Garden suite in the backyard
- ✅ Laneway suite, if the lot backs onto a lane
From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.
Building permits
- Multiple Projects · 2024 · ClosedProposed interior alteration to convert to 7 dwelling units - Apartment Building.Existing residential building contains 5 dwelling units.…
- Multiple Projects · 2023 · ClosedProposal to convert a 2-storey existing detached single family residential building to a house with a principal unit and 4 secondary units.
- DCs DeferredFees · 2023 · OpenDeferred Fees from folder 22 158853 (RSN-5114482) ZoningProcess RSN 70677822
1 permit on this block of the street in the last 2 years, including 1 new home.
Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.
Trees
46 City street trees within 100 m. That’s about the Toronto average of 42.
Trees on City boulevards only, not private yards or parks.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Short-term rentals
Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.
Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by JDL REALTY INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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