531 Delaware Avenue N
Toronto
M6H 2V3
$3,499,999
Residential Freehold
beds: 10
baths: 10.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- C12843388
- Bedrooms:
- 10
- Bathrooms:
- 10
- Photos (33)
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Prime downtown Toronto investment awaits in this well maintained 6-plex featuring four spacious two bedroom two bathroom units with separate in suite laundry and smart functional layouts that attract reliable tenants plus a versatile laneway house offering bonus living space for additional income or flexible use for a total of 6 legal units. Built in 2022 this property is NOT subject to rent control, delivering an impressive over 5 percent cap rate with all professional AAA tenants in place for a true set it and forget it stabilized asset that generates strong predictable cash flow. Underwriting documents, detailed financials, rent rolls, and supporting supplements are available for review. This rare opportunity in one of the city's most desirable urban cores won't last, don't let it pass you by!
- Property Type:
- Residential Freehold
- Property Sub Type:
- Multiplex
- Home Style:
- 3-Storey
- Total Approx Floor Area:
- 3500-5000
- Lot Depth:
- 123'10"
- Lot Frontage:
- 22'6"
- Direction Faces:
- East
- Bedrooms:
- 10
- Bathrooms:
- 10.0
- Water supply:
- Municipal
- Kitchens:
- 6
- Bedrooms Above Grade:
- 10
- Kitchens Above Grade:
- 6
- Rooms Above Grade:
- 32
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Foundation:
- Concrete
- Roof:
- Flat
- Basement:
- Apartment
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Spaces:
- 1
- Total Parking Spaces:
- 1.0
- Family Room:
- No
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Assessment Year:
- 2025
- Taxes:
- $14,678 / 2025
- Assessment:
- $- / 2025
- Toronto
- Toronto C02
- Wychwood
- Carpet Free
- Hot Water Tanks
- Chattels Include: 6 Fridge, 6 Stoves, 6 Dishwashers, 6 Range Hoods, 6 Washer/Dryer, All Electrical LightFixtures.
- Stucco (Plaster)
- No
- Floor
- Type
- Size
- Other
- Main
- Primary Bedroom
- 11' × 11'
- Main
- Bedroom
- 10' × 9'
- Main
- Kitchen
- 14' × 7'
- Second
- Primary Bedroom
- 11' × 11'
- Second
- Bedroom
- 10' × 9'
- Second
- Kitchen
- 14' × 7'
- Third
- Primary Bedroom
- 11' × 11'
- Third
- Bedroom
- 10' × 9'
- Third
- Kitchen
- 14' × 7'
- Basement
- Primary Bedroom
- 9' × 9'
- Basement
- Bedroom
- 8' × 7'
- Basement
- Kitchen
- 12' × 5'
- Floor
- Ensuite
- Pieces
- Other
- Main
- No
- 4
- 0' x 0' 4 Pc Bath
- Main
- No
- 4
- 0' x 0' 4 Pc Bath
- Second
- No
- 4
- 0' x 0' 4 Pc Bath
- Second
- No
- 4
- 0' x 0' 4 Pc Bath
- Third
- No
- 4
- 0' x 0' 4 Pc Bath
- Third
- No
- 4
- 0' x 0' 4 Pc Bath
- Basement
- No
- 4
- 0' x 0' 4 Pc Bath
- Basement
- No
- 4
- 0' x 0' 4 Pc Bath
- Ground
- No
- 4
- 0' x 0' 4 Pc Bath
- Ground
- No
- 4
- 0' x 0' 4 Pc Bath
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- Yes
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Virtual Tour
Listed by Royal Lepage Real Estate Associates
Data was last updated March 4, 2026 at 10:15 PM (UTC)
- ELIE YACHOUI
- RE/MAX ULTIMATE REALTY INC
- 1 (416) 8812231
- Contact by Email