Toronto
Toronto
$3,195,000
531 DELAWARE AVENUE N, Toronto, M6H2V3
MLS Number: C12843388
Beds
10
Baths
10
Listing
For Sale
Type
Freehold
Square Feet
3,500 - 5,000
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.
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