531 Delaware Avenue N, Toronto, Ontario M6H 2V3

Listed for:
$3,195,000
10 beds
10 baths
Listed 74 days ago
Other for rent: 531 Delaware Avenue N, Toronto, Ontario M6H 2V3

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About

Dovercourt Rd / Dupont St 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. (id:27476)

Property Highlights

MLS® Number
C12843388
Type
Multi-family
Community Name
Wychwood
Land Size
22.5 x 123.8 FT
Parking Space Total
1

Building

Building Type
Other
Storeys
3.00
Square Footage
3500 - 5000 sqft
Bathrooms Total
10
Bedrooms Above Ground
10
Bedrooms Total
10
Exterior Finish
Stucco
Fireplace Present
No
Basement Type
N/A
Basement Features
Apartment in basement
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Bathroom
Second level
Measurements not available
Bathroom
Second level
Measurements not available
Primary Bedroom
Second level
3.36 m x 3.36 m
Bedroom
Second level
2.74 m x 3.04 m
Kitchen
Second level
2.13 m x 4.26 m
Bathroom
Third level
Measurements not available
Bathroom
Third level
Measurements not available
Primary Bedroom
Third level
3.36 m x 3.36 m
Bedroom
Third level
2.74 m x 3.04 m
Kitchen
Third level
2.13 m x 4.26 m
Bedroom
Basement
2.13 m x 2.43 m
Kitchen
Basement
1.52 m x 3.65 m
Bathroom
Basement
Measurements not available
Bathroom
Basement
Measurements not available
Primary Bedroom
Basement
2.74 m x 2.74 m
Primary Bedroom
Main level
3.36 m x 3.36 m
Bathroom
Main level
Measurements not available
Bedroom
Main level
2.74 m x 3.04 m
Bathroom
Main level
Measurements not available
Kitchen
Main level
2.13 m x 4.26 m
Bathroom
Ground level
Measurements not available
Bathroom
Ground level
Measurements not available

Location

Learn more about this property
Listing provided by:
Royal Lepage Real Estate Associates
MLS® number:
C12843388
Agent:
Jack Daniel Bernstein
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