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.
About this home
Photos of 5 Sorauren Avenue
Facts and features of 5 Sorauren Avenue
| Type | Multiplex |
|---|---|
| Style | 2-Storey |
| Bedrooms | 14 |
| Bathrooms | 7 |
| Size | 3500-5000 sq ft |
| Lot | 32.5 x 98 Feet |
| Garage | Detached |
| Heating | Baseboard |
| Cooling | Central Air |
| Basement | None |
| Exterior | Brick |
| Taxes | $8,502 (2026) |
| Days on market | 27 |
| Listing brokerage | JDL REALTY INC. |
Around this home
What’s near 5 Sorauren Avenue
From 5 Sorauren Avenue, the nearest grocery store is Metro, 14 minutes on foot; the nearest TDSB elementary school is Parkdale Junior and Senior Public School, 9 minutes on foot; and the nearest park is Gwynne Avenue Parkette, 12 minutes on foot.
Groceries and pharmacies
- Metro Grocery 14 min walk
- FreshCo Grocery 17 min walk 7 min drive
- Dufferin Gate Pharmacy Pharmacy 17 min walk 6 min drive
- I.D.A. Pharmacy 18 min walk 7 min drive
- HN. Grocery Grocery 19 min walk 7 min drive
Parks
- Gwynne Avenue Parkette Park 12 min walk
- Dufferin Amphitheatre Park 12 min walk
- Spencer Cowan Parkette Park 16 min walk 6 min drive
Schools
- Parkdale Junior and Senior Public School TDSB elementary · JK-8 EQAO 2024-25: Gr 6 reading 81% · Gr 6 math 24% 9 min walk
- Dr. Rita Cox – Kina Minogok Public School TDSB elementary · JK-8 EQAO 2024-25: Gr 6 reading 74% · Gr 6 math 40% 11 min walk
- City View Alternative Senior School TDSB middle school · 7-8 17 min walk 8 min drive
- Holy Family Catholic School Catholic elementary · JK-8 EQAO 2024-25: Gr 6 reading 83% · Gr 6 math 42% 9 min walk
- Parkdale Collegiate Institute TDSB secondary · 9-12 EQAO 2024-25: Gr 9 math 61% · Gr 10 literacy 86% 7 min walk
- Msgr Fraser College (Southwest) Catholic secondary · 9-12 24 min walk 11 min drive
Nearest schools, not necessarily the ones that serve this address. Check with the TDSB and TCDSB school locators.
Restaurants
- Kaminari Google reviews 10 min walk
- Nuna Google reviews 10 min walk
- Molkagtez Mexican Cuisine Google reviews 10 min walk
- Guu Izakaya Google reviews 10 min walk
- Mercato Google reviews 15 min walk
Places: OpenStreetMap contributors, October 2026. Walking and driving times: Mapbox. Schools: EQAO 2024-25, Ontario Ministry of Education.
Request a showing
5 Sorauren Avenue
Nearby, at a similar price
See more homes like this one
$2,999,900 89 days on market
50 Waniska Avenue
Multiplex · Toronto, ON
Stonegate-Queensway
14 beds · 6 baths · 12 parking
5000 + sq ft
$5,999,000 132 days on market
173-175 Madison Avenue
Multiplex · Toronto, ON
The Annex
14 beds · 15 baths · 7 parking
3500-5000 sq ft
$424,999 Listed today
801 - 375 King Street W
Condo Apartment · Toronto, ON
Waterfront Communities C1
1 bed · 1 bath
0-499 sq ft · $431/month maintenance
$628,000 Listed today
1001 - 68 Abell Street
Condo Apartment · Toronto, ON
Little Portugal
5 beds · 2 baths · 1 parking
700-799 sq ft · $714/month maintenance
$469,000 Listed today
407 - 1030 King Street W
Condo Apartment · Toronto, ON
Niagara
1+1 beds · 1 bath
500-599 sq ft · $380/month maintenance
$979,000 Listed today
Th03 - 20 Bruyeres Mews
Condo Townhouse · Toronto, ON
Waterfront Communities C1
3+1 beds · 3 baths · 1 parking
1200-1399 sq ft · $876/month maintenance
Ask a question
5 Sorauren Avenue
Listing information is deemed reliable but is not guaranteed accurate by PropTx or the Toronto Regional Real Estate Board. Data source: PropTx. Listings are refreshed from the MLS® at least daily.
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.
Royal LePage Terrequity Seymour Real Estate, Brokerage. Independently owned and operated.
MLS® W13852858 Data source: PropTx Listed October 2, 2026