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Active
MLS® C12843388

531 Delaware Ave N

Toronto C02, ON M6H 2V3

$3,195,000

Bedrooms

10

Bathrooms

10

Size

3500-5000 sqft

Type

3-Storey

Parking

1 spaces

Taxes (2025)

$14,678

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Description

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.

Price & Status History

Price history is locked

Property Details

Property TypeMultiplex
Style3-Storey
CommunityWychwood
Rooms32
Kitchens6
Washrooms10
Square Feet3500-5000 sqft
Lot Dimensions22.5 × 123.8 ft
Fronting OnEast
Dir/Cross StDovercourt Rd / Dupont St
Garage TypeNone
Parking Drive Spaces1
Total Parking Spaces1
ExteriorStucco (Plaster)
RoofFlat
FoundationConcrete
BasementApartment
Heating TypeForced Air
Heating SourceGas
A/CCentral Air
SewersSewer
Taxes (2025)$14,678
HSTIncluded In
Listed Date3/4/2026
Days on Market77 days

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Listing Courtesy of:

Royal Lepage Real Estate Associates

This listing is provided through the TRREB MLS® System.

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MLS® #C12843388

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