531 DELAWARE AVENUE N
Toronto, Ontario, M6H2V3
For Sale | $3,195,000 | 10 beds | 10 baths
Key facts
- Property type: Multi-family
- Structure: Other
- Transaction: For Sale
- Price: $3,195,000
- Bedrooms: 10
- Bathrooms: 10
- Lot size: 22.5 x 123.8 FT
- Parking: 1
- Listing key: 29425375
Listing overview
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 class="container" id="details-container"79,400 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:25314)
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