531 Delaware Avenue N, Toronto, ON M6H 2V3
Toronto C02, ON, M6H 2V3 · Wychwood
About this property
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!
Features & Amenities
- Basement: Apartment
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 3-Storey
- Construction: Stucco (Plaster)
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 3-Storey |
| Bedrooms | 10 |
| Bathrooms | 10 |
| Basement | Apartment |
| Garage | None |
| Parking Spaces | 1 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $14,607 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Carpet Free
Exterior Features
- Other Structures
- Other
- Pool Features
- None
Building & Construction
- Architectural Style
- 3-Storey
- Construction Materials
- Stucco (Plaster)
- Foundation Details
- Concrete
- Roof
- Flat
- Basement
- Apartment
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 1
- Parking Total
- 1.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 123.80
- Lot Width
- 22.50
Community & Neighborhood
- Property Features
- Hospital, Park, Place Of Worship, Public Transit, School
Financial & Tax
- Tax Annual Amount
- $14,607
- Tax Year
- 2025
- Possession Type
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 32
- Kitchens Above Grade
- 6
- Kitchens Total
- 6
- Bedrooms Above Grade
- 10
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Toronto
- Cross Street
- Dovercourt Rd / Dupont St M
- Directions
- Dovercourt Rd / Dupont St
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
531 Delaware Avenue N, Toronto, ON M6H 2V3, Toronto C02, ON, M6H 2V3