531 Delaware Avenue N Toronto, Ontario M6H 2V3

$3,399,999

Prime downtown Toronto investment opportunity. This well-maintained 6-plex features four spacious two-bedroom, two-bathroom units with in suite laundry and smart layouts that attract reliable tenants. A versatile laneway house adds bonus income potential for a total of 6 legal units. Built in 2022, this property is NOT subject to rent control. All units are occupied by professional AAA tenants, delivering a true set-it-and-forget-it stabilized asset with strong, predictable cash flow. Annual revenue of $179,400 with an impressive 5%+ cap rate. A rare opportunity in one of the city's most desirable urban cores. Do not let it pass you by. (id:61215)

Property Details

MLS® Number	C12843388
Property Type	Multi-family
Community Name	Wychwood
Equipment Type	Water Heater
Features	Carpet Free
Parking Space Total	1
Rental Equipment Type	Water Heater

Building

Bathroom Total	10
Bedrooms Above Ground	10
Bedrooms Total	10
Appliances	Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
Basement Features	Apartment In Basement
Basement Type	N/a
Cooling Type	Central Air Conditioning
Exterior Finish	Stucco
Foundation Type	Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	3
Size Interior	3,500 - 5,000 Ft2
Type	Other
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	123 Ft ,9 In
Size Frontage	22 Ft ,6 In
Size Irregular	22.5 X 123.8 Ft
Size Total Text	22.5 X 123.8 Ft

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bathroom			Measurements not available
Second Level	Bathroom			Measurements not available
Second Level	Primary Bedroom	3.36 m	3.36 m	3.36 m x 3.36 m
Second Level	Bedroom	2.74 m	3.04 m	2.74 m x 3.04 m
Second Level	Kitchen	2.13 m	4.26 m	2.13 m x 4.26 m
Third Level	Bathroom			Measurements not available
Third Level	Bathroom			Measurements not available
Third Level	Primary Bedroom	3.36 m	3.36 m	3.36 m x 3.36 m
Third Level	Bedroom	2.74 m	3.04 m	2.74 m x 3.04 m
Third Level	Kitchen	2.13 m	4.26 m	2.13 m x 4.26 m
Basement	Bedroom	2.13 m	2.43 m	2.13 m x 2.43 m
Basement	Kitchen	1.52 m	3.65 m	1.52 m x 3.65 m
Basement	Bathroom			Measurements not available
Basement	Bathroom			Measurements not available
Basement	Primary Bedroom	2.74 m	2.74 m	2.74 m x 2.74 m
Main Level	Primary Bedroom	3.36 m	3.36 m	3.36 m x 3.36 m
Main Level	Bathroom			Measurements not available
Main Level	Bedroom	2.74 m	3.04 m	2.74 m x 3.04 m
Main Level	Bathroom			Measurements not available
Main Level	Kitchen	2.13 m	4.26 m	2.13 m x 4.26 m
Ground Level	Bathroom			Measurements not available
Ground Level	Bathroom			Measurements not available

https://www.realtor.ca/real-estate/29425375/531-delaware-avenue-n-toronto-wychwood-wychwood