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$ 2,599,999
Est. payment /mo
New
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
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Flat
Lot Frontage 22.5
Lot Depth 123.8
Total Parking Spaces 1
Building
Unit Features Hospital,Park,Place Of Worship,Public Transit,School
Foundation Concrete
Others
ParcelsYN No
Virtual Tour https://vimeo.com/1197583563?share=copy
Listed by Royal Lepage Real Estate Associates