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About the Listing 101200 -
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. Underwriting documents, detailed financials, rent rolls, and supporting supplements are available upon request. A rare opportunity in one of the city's most desirable urban cores. Do not let it pass you by.
Listing Highlights
Status
Active
Days on Site
44
Property Type
Multi-Family
MLS ®
C12843388
Year Built
Total Square Footage
3,500
Lot/Acreage
N/A
Interior Details
- Bedrooms: 10
- Bathrooms: 10 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment
- Other: Carpet Free,6 Kitchens
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Flat
- Others:
- Sewer: Sewer
- Parking Features: No Garage
Financial Details
- Tax Amount: $14,678
- Taxes w/Assessments: N/A
- Tax/Property ID: 212850169
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
531 Delaware Ave N Toronto, ON M6H 2V3
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