531 Delaware Avenue N, Toronto, ON M6H 2V3, Toronto C02, ON
Bed 10
Bath 10
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!
Property Highlights
For Sale
MLS NO.
C13427886
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
10
Bathrooms
10
Parking
1.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
C13427886
Living Area Range
3500-5000
Total Bedrooms
10
Bedrooms Above Grade
10
Total Bathrooms
10
Total Kitchens
6
Kitchens Above Grade
6
Rooms Above Grade
32
Interior Features
Carpet Free
Fireplace
No
Central Vacuum Yn
No
Construction
Stucco (Plaster)
Roof
Flat
Lot Width
22.5
Lot Size Units
SquareFeet
Parking Total
1.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
North
Cooling
Central Air
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
531 Delaware Avenue N, Toronto, ON M6H 2V3
City
Toronto C02
Neighbourhood
Wychwood
County / Region
Toronto
Province / State
ON
Postal Code
M6H 2V3
Cross Street
Dovercourt Rd / Dupont St M
Directions
Dovercourt Rd / Dupont St
Country
CA
List Price
$2,599,999
Annual Taxes
$14,607
Tax Year
2025
Legal Description
PCL 91-1-O SEC M24; PT LT 91 E/S DELAWARE AV PL M24 TORONTO BEING THE SLY 1/2 EXCEPT PT 8, 66R15882; TORONTO , CITY OF TORONTO
Possession Type
Flexible
Listing Office
Royal LePage Real Estate Associates
Board
Toronto Regional Real Estate Board
Original Entry
2026-06-10T19:08:05Z
Media Updated
2026-06-11T17:03:35Z
Photos Updated
2026-06-10T19:08:05Z
Last Modified
2026-06-18T13:46:47Z
System Modified
2026-07-06T21:36:32.259143Z
MLS Status
New
Architectural Style
3-Storey
Basement
Apartment
Co List Office Name
Royal LePage Real Estate Associates
Ddfyn
Yes
Expiration Date
2026-08-10
Foundation Details
Concrete
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
212850169
Parking Spaces
1
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
Public Remarks
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!
