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Home ON Greater Toronto Area Toronto Old Toronto Roncesvalles
74 SORAUREN AVENUE
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74 SORAUREN AVENUE $3,200,000
$3,200,000
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74 SORAUREN AVENUE
Toronto (Roncesvalles), Ontario M6R2C7

MLS® Number: W11964492

Listing 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. (39860523)

Location Description

Queen W / Sorauren

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Roncesvalles
Land Size
50.5 x 113 FT
Annual Property Taxes
$13,287.12
Total Parking Spaces
3
Time on REALTOR.ca
43 days

Building

Interior Features
Appliances Included
Dryer, Water Heater, Washer
Heating & Cooling
Heating Type
Radiant heat
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)
Parking
Total Parking Spaces
3

Measurements

Square Footage
5455 sqft

Land

Lot Features
Frontage
50 ft ,6 in
Land Depth
113 ft
Other Property Information
Zoning Description
R(D0.6*296) - Legal Multi-Res 8-plex
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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