Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
531 Delaware Avenue N, Toronto C02, ON M6H 2V3
$3,399,999
- Sale
- Multiplex
- 59 days ago
- Updated: 2026-04-23
Overview
- Multiplex
- 10
- 10
- 1
- 3500-5000
- N/A
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. A rare opportunity in one of the city's most desirable urban cores. Do not let it pass you by.
Details
- C12843388
- 1
- $3,399,999
- Tenant
- None
- 6 + 6
- 3-Storey
- 10
- 10
- 3500-5000 Sqft
- N/A SquareFeet
- N/A
- Multiplex
- Sale
Additional details
- Forced Air / Gas
- $14678
- 2025
- Pcl 91-1-0 Sec M24; Pt Lt 91 E/S Delaware Av Pl M2
- N/A
- N
- Apartment
- Central Air
- Municipal
Room dimensions by level
| Room | Level | Size |
|---|---|---|
| Primary Bedroom | Main | 3.36 x 3.36 |
| Bedroom | Main | 3.04 x 2.74 |
| Kitchen | Main | 4.26 x 2.13 |
| Primary Bedroom | Second | 3.36 x 3.36 |
| Bedroom | Second | 3.04 x 2.74 |
| Kitchen | Second | 4.26 x 2.13 |
| Primary Bedroom | Third | 3.36 x 3.36 |
| Bedroom | Third | 3.04 x 2.74 |
| Kitchen | Third | 4.26 x 2.13 |
| Primary Bedroom | Basement | 2.74 x 2.74 |
| Bedroom | Basement | 2.43 x 2.13 |
| Kitchen | Basement | 3.65 x 1.52 |
| Bathroom | Main | 0 x 0 |
| Bathroom | Main | 0 x 0 |
| Bathroom | Second | 0 x 0 |
| Bathroom | Second | 0 x 0 |
| Bathroom | Third | 0 x 0 |
| Bathroom | Third | 0 x 0 |
| Bathroom | Basement | 0 x 0 |
| Bathroom | Basement | 0 x 0 |
| Bathroom | Ground | 0 x 0 |
| Bathroom | Ground | 0 x 0 |
What's near transit
Subway and bus stops within 1 km · 531 Delaware Avenue N, Toronto C02, ON M6H 2V3
St Clair Ave West at Oakwood Ave East Side
903 m ~ 12 min walk
St Clair Ave West at Oakwood Ave East Side
903 m ~ 12 min walk
Dovercourt Rd at Geary Ave North Side
131 m ~ 2 min walk
Ossington Ave at Salvador Allende Ct
164 m ~ 3 min walk
Ossington Ave at Salvador Allende Ct
164 m ~ 3 min walk
Dupont St at Dovercourt Rd
235 m ~ 3 min walk
Davenport Rd at Oakwood Ave
316 m ~ 4 min walk
Dufferin St at Brandon Ave
645 m ~ 9 min walk
Dufferin St at Brandon Ave
645 m ~ 9 min walk
Dufferin St at Dupont St
681 m ~ 9 min walk
Christie St at Lambertlodge Ave South Side
796 m ~ 10 min walk
Neighbourhood Profile
Wychwood
Toronto neighbourhood · 2021 census
7.9 / 10
Key stats
$86K
Median income
41.2 yrs
Median age
$1.2M
Median home value
49%
Renters
Commute
Housing
$1,330/mo
Median rent
38%
Renters 30%+ on shelter
Amenities
Park Playground Library Police station Subway / light rail Bus / streetcar Hospital Clinic / GP Long-term care
● within approx. 3 km
Data: Statistics Canada 2021 Census · EQAO 2023-2024 · City of Toronto open data
360° Virtual Tour
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Recently sold nearby
Multiplex · within 1.5KM · last 90 days
| Address | sold price | Bedroom | Distance · sold |
|---|---|---|---|
| 1640 Dufferin Street, Toronto W03, ON M6H 3L8 | $1,880,000 | 8 | 1 km · 37 days ago |
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FAQ
- What is the total square footage of the c12843388 - 531 Delaware Avenue N, Toronto C02, ON M6H 2V3?
The total square footage of this property is 3500-5000 SqFt.
- What schools near to c12843388 - 531 Delaware Avenue N, Toronto C02, ON M6H 2V3?
The nearest schools are St. Bruno – St. Raymond Catholic School for elementary and Oakwood Collegiate Institute for secondary.
