$3,195,000
34.30 BTC
Photos
531 Delaware Avenue, Toronto
$3,195,000
PRICE
10
BEDROOMS
10
BATHROOMS
C12843388
MLSID

531 Delaware Avenue, Toronto

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.
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Summary

Address
531 Delaware Avenue
Community
MLSID
C12843388
Property Type
Multiplex
Property Category
Bedrooms
10
Bathrooms
10
Kitchens
6
Taxes (Annual)
$14,678.00
Tax Year
2025
Published
March 4, 2026
Days on Market
79 Days
Possession Type
Flexible
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Inclusions

Chattels Include: 6 Fridge, 6 Stoves, 6 Dishwashers, 6 Range Hoods, 6 Washer/Dryer, All Electrical LightFixtures.

Details

Basement
Apartment
Interior Features
Carpet Free
Parking Spaces
1
Parking Total
1
Architectural Style
3-Storey
Roof
Flat
Construction Materials
Stucco (Plaster)
Lot Width
22 Feet
Lot Depth
124 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with Royal Lepage Real Estate Associates
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