531 Delaware Avenue N Toronto, Ontario M6H 2V3
$3,195,000
Prime downtown Toronto investment opportunity. This well-maintained 6-plex features four spacious two-bedroom, two-bathroom units with in suite laundry and smart layouts that attract reliable tenants. A versatile laneway house adds bonus income potential for a total of 6 legal units. Built in 2022, this property is NOT subject to rent control. All units are occupied by professional AAA tenants, delivering a true set-it-and-forget-it stabilized asset with strong, predictable cash flow. Annual revenue of $179,400 with an impressive 5%+ cap rate. A rare opportunity in one of the city's most desirable urban cores. Do not let it pass you by. (id:63476)
Property Details
| MLS® Number | C12843388 |
| Property Type | Multi-family |
| Community Name | Wychwood |
| Equipment Type | Water Heater |
| Features | Carpet Free |
| Parking Space Total | 1 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 10 |
| Bedrooms Above Ground | 10 |
| Bedrooms Total | 10 |
| Appliances | Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator |
| Basement Features | Apartment In Basement |
| Basement Type | N/a |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stucco |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 3,500 - 5,000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 123 Ft ,9 In |
| Size Frontage | 22 Ft ,6 In |
| Size Irregular | 22.5 X 123.8 Ft |
| Size Total Text | 22.5 X 123.8 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | Measurements not available | ||
| Second Level | Bathroom | Measurements not available | ||
| Second Level | Primary Bedroom | 3.36 m | 3.36 m | 3.36 m x 3.36 m |
| Second Level | Bedroom | 2.74 m | 3.04 m | 2.74 m x 3.04 m |
| Second Level | Kitchen | 2.13 m | 4.26 m | 2.13 m x 4.26 m |
| Third Level | Bathroom | Measurements not available | ||
| Third Level | Bathroom | Measurements not available | ||
| Third Level | Primary Bedroom | 3.36 m | 3.36 m | 3.36 m x 3.36 m |
| Third Level | Bedroom | 2.74 m | 3.04 m | 2.74 m x 3.04 m |
| Third Level | Kitchen | 2.13 m | 4.26 m | 2.13 m x 4.26 m |
| Basement | Bedroom | 2.13 m | 2.43 m | 2.13 m x 2.43 m |
| Basement | Kitchen | 1.52 m | 3.65 m | 1.52 m x 3.65 m |
| Basement | Bathroom | Measurements not available | ||
| Basement | Bathroom | Measurements not available | ||
| Basement | Primary Bedroom | 2.74 m | 2.74 m | 2.74 m x 2.74 m |
| Main Level | Primary Bedroom | 3.36 m | 3.36 m | 3.36 m x 3.36 m |
| Main Level | Bathroom | Measurements not available | ||
| Main Level | Bedroom | 2.74 m | 3.04 m | 2.74 m x 3.04 m |
| Main Level | Bathroom | Measurements not available | ||
| Main Level | Kitchen | 2.13 m | 4.26 m | 2.13 m x 4.26 m |
| Ground Level | Bathroom | Measurements not available | ||
| Ground Level | Bathroom | Measurements not available |
Contact Us
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May 06 2026 08:11:10
Toronto Regional Real Estate Board
Royal LePage Real Estate Associates