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Listing photo of 531 DELAWARE AVENUE N

Toronto

Toronto

$2,599,999

531 DELAWARE AVENUE N, Toronto, M6H2V3

MLS Number: C13427886

Beds

10

Baths

10

Listing

For Sale

Type

Freehold

Square Feet

3,500 - 5,000

Prime downtown Toronto investment awaits in this well maintained 6-plex featuring four spacious two bedroom two bathroom units withseparate in suite laundry and smart functional layouts that attract reliable tenants plus a versatile laneway house offering bonus living space foradditional income or flexible use for a total of 6 legal units. Built in 2022 this property is NOT subject to rent control, delivering an impressiveover 5 percent cap rate with all professional AAA tenants in place for a true set it and forget it stabilized asset that generates strong predictablecash flow. Underwriting documents, detailed financials, rent rolls, and supporting supplements are available for review. This rare opportunity inone of the city's most desirable urban cores won't last, don't let it pass you by!

Estimate Tool

Mortgage Payment Calculator

Estimate monthly principal and interest, then add common carrying costs for a clearer planning number.

Down Payment

$520,000

Mortgage Amount

$2,079,999

Principal + Interest

$12,027 / mo

5-Year Term Payments

$721,592

Estimated Monthly Carrying Cost

$12,677

Includes principal, interest, property tax, condo fees, and heating estimates.

This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.

Helpful Guide

Buying advice and document help

If you are planning a purchase, it helps to understand the buyer process and keep your financing and closing documents organized.