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$ 3,200,000
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Active
74 Sorauren AVE Toronto W01, ON M6R 2C7
5,455 SqFt
UPDATED:
02/10/2025 06:41 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,455 sqft
Price per Sqft $586
Subdivision Roncesvalles
MLS Listing ID W11964492
Annual Tax Amount $13,287
Tax Year 2024
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Toronto
Community Roncesvalles
Area Toronto
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 50.5
Lot Depth 113.0
Listed by PROPERTY.CA INC.