$3,499,999
Available - For Sale
Listing ID: C12843388
531 Delaware Avenue North , Toronto, M6H 2V3, Toronto
| 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! |
| Price | $3,499,999 |
| Taxes: | $14678.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 531 Delaware Avenue North , Toronto, M6H 2V3, Toronto |
| Directions/Cross Streets: | Dovercourt Rd / Dupont St |
| Rooms: | 32 |
| Bedrooms: | 10 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Apartment |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Primary B | 11.02 | 11.02 | |
| Room 2 | Main | Bedroom | 8.99 | 9.97 | |
| Room 3 | Main | Kitchen | 6.99 | 13.97 | |
| Room 4 | Second | Primary B | 11.02 | 11.02 | |
| Room 5 | Second | Bedroom | 8.99 | 9.97 | |
| Room 6 | Second | Kitchen | 6.99 | 13.97 | |
| Room 7 | Third | Primary B | 11.02 | 11.02 | |
| Room 8 | Third | Bedroom | 8.99 | 9.97 | |
| Room 9 | Third | Kitchen | 6.99 | 13.97 | |
| Room 10 | Basement | Primary B | 8.99 | 8.99 | |
| Room 11 | Basement | Bedroom | 6.99 | 7.97 | |
| Room 12 | Basement | Kitchen | 4.99 | 11.97 | |
| Room 13 | Main | Bathroom | 4 Pc Bath | ||
| Room 14 | Main | Bathroom | 4 Pc Bath | ||
| Room 15 | Second | Bathroom | 4 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 3-Storey |
| Exterior: | Stucco (Plaster) |
| Garage Type: | None |
| Drive Parking Spaces: | 1 |
| Pool: | None |
| Approximatly Square Footage: | 3500-5000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Royal Lepage Real Estate Associates |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Toronto |
| Municipality: | Toronto C02 |
| Neighbourhood: | Wychwood |
| Style: | 3-Storey |
| Tax: | $14,678 |
| Beds: | 10 |
| Baths: | 10 |
| Fireplace: | N |
| Pool: | None |
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