$3,195,000.00

531 DELAWARE AVENUE N, Toronto (Wychwood), Ontario, M6H2V3, Canada Listing ID: C12843388
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Bathrooms Bedrooms Property Type
10 10 Multi-family

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. (id:31565)

Paul McDonald, Sales Representative
Paul McDonald is no stranger to the Toronto real estate market. With over 23 years experience and having dealt with every aspect of the business from simple house purchases to condo developments, you can feel confident in his ability to get the job done.
Book appointment/showing: 531 DELAWARE AVENUE N (C12843388)
Room Details
Level Type Length Width Dimensions
Second level Bathroom na na Measurements not available
Second level Bathroom na na Measurements not available
Second level Primary Bedroom 3.36 m 3.36 m 3.36 m x 3.36 m
Second level Bedroom 2.74 m 3.04 m 2.74 m x 3.04 m
Second level Kitchen 2.13 m 4.26 m 2.13 m x 4.26 m
Third level Bathroom na na Measurements not available
Third level Bathroom na na Measurements not available
Third level Primary Bedroom 3.36 m 3.36 m 3.36 m x 3.36 m
Third level Bedroom 2.74 m 3.04 m 2.74 m x 3.04 m
Third level Kitchen 2.13 m 4.26 m 2.13 m x 4.26 m
Basement Bedroom 2.13 m 2.43 m 2.13 m x 2.43 m
Basement Kitchen 1.52 m 3.65 m 1.52 m x 3.65 m
Basement Bathroom na na Measurements not available
Basement Bathroom na na Measurements not available
Basement Primary Bedroom 2.74 m 2.74 m 2.74 m x 2.74 m
Main level Primary Bedroom 3.36 m 3.36 m 3.36 m x 3.36 m
Main level Bathroom na na Measurements not available
Main level Bedroom 2.74 m 3.04 m 2.74 m x 3.04 m
Main level Bathroom na na Measurements not available
Main level Kitchen 2.13 m 4.26 m 2.13 m x 4.26 m
Ground level Bathroom na na Measurements not available
Ground level Bathroom na na Measurements not available
Additional Information
Amenity Near By
Features Carpet Free
Maintenance Fee
Maintenance Fee Payment Unit
Management Company
Ownership
Parking
  • Name - No Garage
Transaction For sale
Building
Bathroom Total 10
Bedrooms Total 10
Bedrooms Above Ground 10
Appliances Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
Basement Features Apartment in basement
Basement Type N/A
Cooling Type Central air conditioning
Exterior Finish Stucco
Fireplace Present
Foundation Type Concrete
Heating Fuel Natural gas
Heating Type Forced air
Size Interior 3500 - 5000 sqft
Stories Total 3
Type Other
Utility Water Municipal water
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