531 DELAWARE AVENUE N, Toronto, Ontario

$3,499,999

10 Beds
10 Baths

Prime downtown Toronto investment awaits in this well maintained 6-plex featuring four spacious two bedroom two bathroom units with separate in suite laundry and smart functional layouts that attract reliable tenants plus a versatile laneway house offering bonus living space for additional income or flexible use for a total of 6 legal units. Built in 2022 this property is NOT subject to rent control, delivering an impressive over 5 percent cap rate with all professional AAA tenants in place for a true set it and forget it stabilized asset that generates strong predictable cash flow. Underwriting documents, detailed financials, rent rolls, and supporting supplements are available for review. This rare opportunity in one of the city's most desirable urban cores won't last, don't let it pass you by! (id:50212)

Listing ID: C12843388
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Bathroom	Second level	Measurements not available
Bathroom	Second level	Measurements not available
Primary Bedroom	Second level	3.36 m x 3.36 m
Bedroom	Second level	2.74 m x 3.04 m
Kitchen	Second level	2.13 m x 4.26 m
Bathroom	Third level	Measurements not available
Bathroom	Third level	Measurements not available
Primary Bedroom	Third level	3.36 m x 3.36 m
Bedroom	Third level	2.74 m x 3.04 m
Kitchen	Third level	2.13 m x 4.26 m
Bedroom	Basement	2.13 m x 2.43 m
Kitchen	Basement	1.52 m x 3.65 m
Bathroom	Basement	Measurements not available
Bathroom	Basement	Measurements not available
Primary Bedroom	Basement	2.74 m x 2.74 m
Primary Bedroom	Main level	3.36 m x 3.36 m
Bathroom	Main level	Measurements not available
Bedroom	Main level	2.74 m x 3.04 m
Bathroom	Main level	Measurements not available
Kitchen	Main level	2.13 m x 4.26 m
Bathroom	Ground level	Measurements not available
Bathroom	Ground level	Measurements not available

Details

Equipment: Water Heater
Features: Carpet Free
Parking Spaces: 1
Rental Equipment: Water Heater
Transaction: For sale

Building

Appliances: Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
BasementType: N/A
Basement Features: Apartment in basement
Bedrooms Main Level: 10
Cooling: Central air conditioning
Exterior Finish: Stucco
Fireplace Present: False
Foundation: Concrete
Bathrooms (Total): 10
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 3500 - 5000 sqft
Stories Total: 3
Type: Other
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 22 ft ,6 in
Size Irregular: 22.5 x 123.8 FT

Listing provided by Royal Lepage Real Estate Associates
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 531 DELAWARE AVENUE N in Toronto Ontario. It was last modified on March 4th, 2026. Contact The TanTeam to schedule a viewing or to discover other Toronto real estate for sale.

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