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531 Delaware Avenue N Toronto, Ontario M6H 2V3

10 Bedroom 10 Bathroom 3500 - 5000 sqft
Central Air Conditioning Forced Air

$3,499,999

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 percent 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! (id:60365)

Property Details

MLS® Number C12843388
Property Type Multi-family
Community Name Wychwood
EquipmentType Water Heater
Features Carpet Free
ParkingSpaceTotal 1
RentalEquipmentType Water Heater

Building

BathroomTotal 10
BedroomsAboveGround 10
BedroomsTotal 10
Appliances Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
BasementFeatures Apartment In Basement
BasementType N/a
CoolingType Central Air Conditioning
ExteriorFinish Stucco
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 3500 - 5000 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 123 Ft ,9 In
SizeFrontage 22 Ft ,6 In
SizeIrregular 22.5 X 123.8 Ft
SizeTotalText 22.5 X 123.8 Ft

Rooms

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

https://www.realtor.ca/real-estate/29425375/531-delaware-avenue-n-toronto-wychwood-wychwood

Jack Daniel Bernstein
Salesperson


Royal LePage Real Estate Associates
7145 West Credit Ave B1 #100
Mississauga, Ontario L5N 6J7

Michael Rockall
Salesperson


Royal LePage Real Estate Associates
7145 West Credit Ave B1 #100
Mississauga, Ontario L5N 6J7

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