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531 Delaware Ave N
Toronto C02, ON M6H 2V3
$2,599,999
531 Delaware Ave N, Toronto C02 — Listed at $2,599,999. 10 bedroom, 10 bathroom 3-Storey. MLS® C13427886.
Description
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!
Price & Status History
Price history is locked
Property Details
Your agent: Vick Yogeswaran
REALTOR® · RE/MAX Realtron Realty Inc.
Property Insights
Listing Courtesy of: Royal Lepage Real Estate Associates
MLS® #C13427886
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HouseIndex Take: 531 Delaware Avenue N
This multiplex (3-Storey) is located in the Wychwood neighbourhood of Toronto.
The home offers 10 bedrooms, 10 bathrooms.
Features include a apartment basement, 1 parking space.
Additional details: lot dimensions of 22.5 × 123.8 feet.
Listed at $2,599,999 CAD with annual property taxes of $14,607 (2025). This listing has been on the market for 1 day.
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About Toronto Real Estate
This Multiplex is located in the Wychwood community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.