Commercial Listings logoCommercial Listings

$3,195,000

531 Delaware Avenue N, Toronto C02, ON M6H 2V3

Toronto C02

Bedrooms
10
Bathrooms
10
Parking
1
Type
Multiplex
AI summary
Reading the listing details…

About this listing

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.

Property details

Days on market
80 days
Basement
Apartment

Payment calculator

$639,000 (20%)
%
Estimated payment
$14,147 /mo
Mortgage amount
$2,556,000

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

View Walk Score, Transit Score & Bike Score

Walkability, transit, and bike-friendliness for 531 Delaware Avenue N, Toronto C02, ON M6H 2V3

Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.

MLS# C12843388

Listed by Royal Lepage Real Estate Associates

On market since Mar 4, 2026

Similar listings

About 531 Delaware Avenue N, Toronto C02, ON M6H 2V3

How much is 531 Delaware Avenue N, Toronto C02, ON M6H 2V3?

531 Delaware Avenue N, Toronto C02, ON M6H 2V3 is listed for $3,195,000 CAD.

How many bedrooms and bathrooms does 531 Delaware Avenue N, Toronto C02, ON M6H 2V3 have?

531 Delaware Avenue N, Toronto C02, ON M6H 2V3 has 10 bedrooms and 10 bathrooms.

What type of property is 531 Delaware Avenue N, Toronto C02, ON M6H 2V3?

531 Delaware Avenue N, Toronto C02, ON M6H 2V3 is a Multiplex.

What neighbourhood is 531 Delaware Avenue N, Toronto C02, ON M6H 2V3 in?

531 Delaware Avenue N, Toronto C02, ON M6H 2V3 is in Toronto C02, Ontario.

Is 531 Delaware Avenue N, Toronto C02, ON M6H 2V3 for sale or for rent?

531 Delaware Avenue N, Toronto C02, ON M6H 2V3 is currently for sale.

How do I book a showing for 531 Delaware Avenue N, Toronto C02, ON M6H 2V3?

Contact Michael Mezheritsky at 4167164439 to arrange a private showing of 531 Delaware Avenue N, Toronto C02, ON M6H 2V3 (MLS# C12843388). You can also send a message through the contact form on this site.