531 Delaware N Avenue, Toronto (Wychwood), ON M6H2V3
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Listing Type
Multi Family
Listing Status
Active
33
$3,399,999
Home Details for 531 Delaware N Avenue
Price
$3,399,999
Type
Residential Income
Bedrooms
10
Total Bathrooms
10
Days on site
46
Listing #
C12843388
Property Description
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. Underwriting documents, detailed financials, rent rolls, and supporting supplements are available upon request. A rare opportunity in one of the city's most desirable urban cores. Do not 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.