For Sale: 531 Delaware Avenue N, Toronto, ON - REW
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$2,599,999
10 bd • 10 ba • 3675 sf • Multifamily
531 Delaware Avenue N
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$2,599,999
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531 Delaware Avenue NToronto, ON, M6H 2V3

Wychwood
  • 10 Bed
  • 10 Bath
  • 3675 Sqft
  • Multifamily

About this home

Prime downtown Toronto investment awaits in this well maintained 6-plex featuring four spacious two bedroom two bathroom units with separate in suite laundry and smart functional layouts that attract reliable tenants plus a versatile laneway house offering bonus living space for additional income or flexible use for a total of 6 legal units. Built in 2022 this property is NOT subject to rent control, delivering an impressive over 5% cap rate with all professional AAA tenants in place for a true set it and forget it stabilized asset that generates strong predictable cash flow. Underwriting documents, detailed financials, rent rolls, and supporting supplements are available for review. This rare opportunity in one of the city's most desirable urban cores won't last, don't let it pass you by!
Listed by: Jack Daniel Bernstein, Royal Lepage Real Estate Associates

Home facts and features

Price details
List Price
$2,599,999
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Gross Taxes for 2026
$14,678
Home facts
Bedrooms
10
Full Bathrooms
10
Parking Spaces
1
Property Type
Multifamily
Lot Size
22 ft x 123 ft (2786 ft²)
Depth
123.8
Frontage
22.5
Heating Type
Forced Air,Natural Gas
Cooling
Central Air
Basement Details
Separate Entrance,Full,Finished
Features
In-suite, Separate Heating Controls, Separate Hydro Meters
Appliances
6 Dishwashers, 6 Range Hoods, 6 Stoves, 6 Washer/dryer, All Electrical Light Fixtures., Chattels Include: 6 Fridge
Community
Agent details
Primary Agent
Primary Broker
Royal Lepage Real Estate Associates
Secondary Agent
Secondary Broker
Non-MEM Brokerage
Listing details
Days on REW
44 Days
Property Views
35
MLS® Number
40838104
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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25 Years
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3.99%

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Property Insights

St Bruno Catholic School
  • Catholic
  • JK - 8
Dovercourt Public School
  • Public
  • JK - 8
St Mary of the Angels Catholic School
  • Catholic
  • JK - 8
Winona Drive Senior Public School
  • Public
  • 7 - 8
Regal Road Junior Public School
  • Public
  • JK - 6
McMurrich Junior Public School
  • Public
  • JK - 6
Oakwood Collegiate Institute
  • Public
  • 9 - 12
Essex School
  • Public
  • JK - 8
St Anthony Catholic School
  • Catholic
  • JK - 8
St Raymond Catholic School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Jack Daniel Bernstein
Cell:
647-330-5225
Office:
905-812-8123
Non Mem
Office:
123-123-1234
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.