74 Sorauren Avenue For Sale

Toronto, Roncesvalles, M6R 2C7

$3,200,000

Description

Listed by PROPERTY.CA INC..

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.

All ELFs, coin operated washer / dryer, all 9 electric water heaters owned

Location

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  • Address: 74 Sorauren Avenue
  • Neighborhood: Roncesvalles
  • City: Toronto
  • State: Ontario
  • Postal Code: M6R 2C7

Property Details

  • Property ID: W11964492
  • Property Price: $3,200,000
  • Style: Investment, Apartment
  • Sq/Ft: 5455
  • Garage: Lane
  • Parking Spaces: 3
  • A/C: N
  • Heating: Radiant
  • Taxes: $13,287.12 (2024)
  • Lot: 113x50.5 (Feet)

Property History

This property has been sold 1 time before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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