$2,599,999
531 Delaware Ave N
Toronto C02, ON M6H 2V3
531 Delaware Ave N, Toronto C02 — Listed at $2,599,999. 10 bedroom, 10 bathroom 3-Storey Multiplex. MLS® C13427886.
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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!
Property Details
Property Insights
Listing Courtesy of: Royal LePage Real Estate Associates
MLS® #C13427886
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
© 2026 Toronto Regional Real Estate Board. All rights reserved.
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.