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Asking Price:

$3,399,999

Ref# C12843388

Available for For Sale » Residential | Multiplex
531 Delaware N Avenue (Dovercourt Rd / Dupont St)
Wychwood, Toronto C02
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 citys most desirable urban cores. Do not let it pass you by.
Property Features
  • Bedroom(s): 10
  • Bathroom(s): 10
  • Kitchen(s): 6
  • Square footage: 3500-5000
  • Estimated annual taxes: $14678 (2025)
  • Multiplex / 3-Storey
  • Parking spaces: 1
  • , Gas
The above information is deemed reliable, but is not guaranteed. Search facilities other than by a consumer seeking to purchase or lease real estate, is prohibited.
Brokered By: Royal Lepage Real Estate Associates
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We only collect personal information strictly necessary to effectively market / sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Request More Information #C12843388
Property Photos
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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 citys most desirable urban cores. Do not let it pass you by.
The above information is deemed reliable, but is not guaranteed. Search facilities other than by a consumer seeking to purchase or lease real estate, is prohibited.
Brokered By: Royal Lepage Real Estate Associates
Request More Information
We only collect personal information strictly necessary to effectively market / sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Request More Information #C12843388
Request More Information
We only collect personal information strictly necessary to effectively market / sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Request More Information #C12843388
Request More Information
We only collect personal information strictly necessary to effectively market / sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Request More Information #C12843388
Property Rooms
Floor Room Dimensions Description
Main Primary Bedroom 3.36 x 3.36
Main Bedroom 2.13 x 3.04
Main Kitchen 2.13 x 4.26
Second Primary Bedroom 3.36 x 3.36
Second Bedroom 2.74 x 3.04
Second Kitchen 2.13 x 4.26
Third Primary Bedroom 3.36 x 3.36
Third Bedroom 2.74 x 3.04
Third Kitchen 2.13 x 4.26
Basement Primary Bedroom 2.74 x 2.74
Basement Bedroom 2.13 x 2.43
Basement Kitchen 1.52 x 3.65
Appointment Request
We only collect personal information strictly necessary to effectively market / sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Appointment Request #C12843388
Appointment Request
We only collect personal information strictly necessary to effectively market / sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Appointment Request #C12843388