531 Delaware Avenue N
Toronto
M6H 2V3
$3,195,000
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 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.
- 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 May 7, 2026 at 04:15 AM (UTC)
- JARROD ARMSTRONG
- RIGHT AT HOME
- 1 (416) 457-1722
- Contact by Email
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