ONTorontoToronto C02531 Delaware Avenue
531 Delaware Avenue
Interior view
Interior view
33
New
Multiplex

531 Delaware Avenue

Toronto C02, ON, M6H 2V3

Residential Freehold
Area
3500-5000 sq.ft
Bed
10
Bedrooms
Bath
10
Bathrooms
Parking
1
Single Garage

Asking Price

$2,599,999

Property Description

Original Remarks

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 HISTORY

531 Delaware Avenue

Type:Multiplex
Style:3-Storey
Size Range:3500-5000
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:C13427886
Community:Wychwood
Days on Market:-
Year Built:-
Age range:-
Basement:Apartment
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$14,607/yr (2025)
Municipality:Toronto C02
Lot Size:22.50 x 123.80 Feet

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