531 Delaware Avenue N, Toronto, ON M6H 2V3
- $2,599,999
- 10
- BD
- 10
- BA
- 3,500
- SqFt
- List Price
- $2,599,999
- MLS#
- C13427886
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Multiplex
- Style
- 3-Storey
- Bedrooms
- 10
- Bathrooms
- 10
- Living Area
- 3500-5000
- Province
- ON
- Municipality
- Toronto
- Area
- Toronto
- Neighborhood
- Wychwood
- Subdivision
- Dovercourt Rd / Dupont St M
Property Description
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!
/u.realgeeks.media/nakhlatemp/Logo-min.png){kind=logo}
Additional Information
- Taxes
- $14,607
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Kitchens
- 6
- Exterior
- Stucco (Plaster)
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 1
Mortgage Calculator
Listing courtesy of Royal LePage Real Estate Associates.