• 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
  • +1-905-744-6000
  • info@findhomes.ca
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531 Delaware Avenue N, Toronto, ON M6H 2V3
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531 Delaware Avenue N, Toronto, ON M6H 2V3

Toronto C02, ON, M6H 2V3 · Wychwood

10 Beds
10 Baths
— Sq Ft
1 Parking
Multiplex Type
C13427886 MLS#

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

Listing courtesy of Royal LePage Real Estate Associates
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Contact Info

  • +1-905-744-6000
  • info@findhomes.ca
  • 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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