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    For Sale - 531 Delaware Avenue, Toronto, Ontario

    Est payment $12,485/mo
    Get pre-qualified
    Views   2
    Time on Jump  19 day

    AI Summary *

    • Well-maintained 6-plex in prime downtown Toronto location.
    • Four spacious two-bedroom, two-bathroom units with in-suite laundry.
    • Versatile laneway house for additional income or flexible use.
    • Built in 2022, not subject to rent control.
    • Strong predictable cash flow with professional AAA tenants in place.




    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!
    Listing IDC13427886
    Address531 Delaware Avenue
    CityToronto, Ontario
    Price$2,599,999
    Bed / Bath10 / 10 Full
    Style3-Storey, Multiplex
    ConstructionStucco (Plaster)
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Carpet FreeAmenities Hospital, Park, Place Of Worship, Public Transit, SchoolOwnership FreeholdBasement ApartmentFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 1.00
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    Listing Agency:  Royal LePage Real Estate Associates

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

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    531 Delaware Avenue
    Toronto , Ontario
    10 10 $2,599,999
    Get more info