531 Delaware N Avenue, Toronto (Wychwood), ON M6H2V3
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Listing Type
Multi Family
Listing Status
Active
33
$3,499,999
Home Details for 531 Delaware N Avenue
Price
$3,499,999
Type
Residential Income
Bedrooms
10
Bathrooms
10.0
Square feet
NaN
Parking
Days on site
1
Listing #
C12843388
Property Description
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:31684)
Property Features
Heating Information
Forced Air
Natural Gas
Cooling Information
Central Air
Listing Courtesy: Royal Lepage Real Estate Associates
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Market statistics compiled from data from Canadian Real Estate Association.