531 Delaware AVE N, Toronto C02, ON M6H 2V3
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531 Delaware AVE N, Toronto C02, ON M6H 2V3
531 Delaware AVE N, Toronto C02, ON M6H 2V3
531 Delaware AVE N, Toronto C02, ON M6H 2V3
531 Delaware AVE N, Toronto C02, ON M6H 2V3
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David Johanns

David Johanns

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531 Delaware AVE N Toronto C02, ON M6H 2V3

10 Beds

10 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Municipality Toronto C02

Subdivision Wychwood

MLS Listing ID C13427886

Style 3-Storey

Bedrooms 10

Annual Tax Amount $14,607

Tax Year 2025

Property Sub-Type Multiplex

Property 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!

Location

Province ON

County Toronto

Community Toronto C02

Area Toronto

Rooms

Family Room No

Basement Apartment

Kitchen 6

Interior

Interior Features Carpet Free

Cooling Central Air

Inclusions Chattels Include: 6 Fridge, 6 Stoves, 6 Dishwashers, 6 Range Hoods, 6 Washer/Dryer, All Electrical LightFixtures.

Exterior

Pool None

Roof Type Flat

Lot Frontage 22.5

Lot Depth 123.8

Total Parking Spaces 1

Building

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Virtual Tour https://vimeo.com/1197583563?share=copy

Listed by Royal Lepage Real Estate Associates
David Johanns

David Johanns

Agent

+1(416) 436-3441

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531 Delaware AVE N

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