For Sale

531 Delaware Avenue

$2,599,999
Toronto C02, Ontario M6H 2V3 · MLS® C13427886 · Updated 1d ago
531 Delaware Avenue N, Toronto, ON M6H 2V3
1 / 33 photos
10
Bedrooms
10
Bathrooms
Sq Ft
1
Parking

About This Home

Prime downtown Toronto investment awaits in this well maintained 6-plex featuring four spacious two bedroom two bathroom units withseparate in suite laundry and smart functional layouts that attract reliable tenants plus a versatile laneway house offering bonus living space foradditional income or flexible use for a total of 6 legal units. Built in 2022 this property is NOT subject to rent control, delivering an impressiveover 5 percent cap rate with all professional AAA tenants in place for a true set it and forget it stabilized asset that generates strong predictablecash flow. Underwriting documents, detailed financials, rent rolls, and supporting supplements are available for review. This rare opportunity inone of the city's most desirable urban cores won't last, don't let it pass you by!

Property Information

Type
Residential Freehold
Style
Multiplex
Architectural Style
3-Storey
Lot Size
22.5 × 123.8 ft
Direction Faces
North
Bedrooms
10
Kitchens
6
Parking
1 total · None
Cross Street
Dovercourt Rd / Dupont St M
Postal Code
M6H 2V3
Occupancy
Tenant
Possession
Flexible
MLS#
C13427886
Listing Office
Royal LePage Real Estate Associates

Building Details

Construction
Stucco (Plaster)
Roof
Flat
Heating
Forced Air · Gas
Cooling
Central Air
Basement
Apartment
Fireplace
No
Pool
None
Elevator
No

Features & Amenities

Interior
Carpet Free
Property
HospitalParkPlace Of WorshipPublic TransitSchool

Financials & Fees

Annual Property Tax
$14,607 (2025)

Inclusions & Exclusions

Inclusions

Chattels Include: 6 Fridge, 6 Stoves, 6 Dishwashers, 6 Range Hoods, 6 Washer/Dryer, All Electrical LightFixtures.

Location

Listing courtesy of:Royal LePage Real Estate Associates

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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