531 DELAWARE AVENUE N, Toronto (Wychwood), Ontario, M6H2V3

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For sale, ID#: C12843388
531 DELAWARE AVENUE N
Toronto (Wychwood) Ontario
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10 Beds
10 Bath
$3,499,999

Prime downtown Toronto investment awaits in this well maintained 6-plex featuring four spacious two bedroom two bathroom units with separate in suite laundry and smart functional layouts that attract reliable tenants plus a versatile laneway house offering bonus living space for additional income or flexible use for a total of 6 legal units. Built in 2022 this property is NOT subject to rent control, delivering an impressive over 5 percent cap rate with all professional AAA tenants in place for a true set it and forget it stabilized asset that generates strong predictable cash flow. Underwriting documents, detailed financials, rent rolls, and supporting supplements are available for review. This rare opportunity in one of the city's most desirable urban cores won't last, don't let it pass you by! (id:2471)

Representative
John McConkey
John McConkeyBroker of Record
McConkey Real Estate Corp. Brokerage
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Property Details
  • Property Address: 531 DELAWARE AVENUE N, Toronto (Wychwood), Ontario, M6H2V3
  • Community Name: Wychwood
  • Property Type: Multi-family
  • Lot Size: 22.5 x 123.8 FT
  • Acreage: 22.5 x 123.8 FT
  • Sewage Type: Sanitary sewer
  • Water Type: Municipal water
  • Driveway: No Garage
  • Total Parking Spaces: 1
  • Maintenance Fee: 0.00
Structure Details
  • Structure Style: Other
  • Storeys: 3
  • Floor Space: 3500 - 5000 sqft
  • Bedrooms: 10
  • Bathrooms: 10-Total
  • Basement Type: N/A
  • Heating Type: Natural gas, Forced air
  • Cooling: Central air conditioning
  • Exterior Type: Stucco
  • Foundation Type: Concrete
  • Appliances Included: Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
Amenities / Features
  • Carpet Free
Room Details
Type Level Dimensions
Bathroom Second level Measurements not available
Bathroom Second level Measurements not available
Primary Bedroom Second level 3.36 m x 3.36 m
Bedroom Second level 2.74 m x 3.04 m
Kitchen Second level 2.13 m x 4.26 m
Bathroom Third level Measurements not available
Bathroom Third level Measurements not available
Primary Bedroom Third level 3.36 m x 3.36 m
Bedroom Third level 2.74 m x 3.04 m
Kitchen Third level 2.13 m x 4.26 m
Bedroom Basement 2.13 m x 2.43 m
Kitchen Basement 1.52 m x 3.65 m
Bathroom Basement Measurements not available
Bathroom Basement Measurements not available
Primary Bedroom Basement 2.74 m x 2.74 m
Primary Bedroom Main level 3.36 m x 3.36 m
Bathroom Main level Measurements not available
Bedroom Main level 2.74 m x 3.04 m
Bathroom Main level Measurements not available
Kitchen Main level 2.13 m x 4.26 m
Bathroom Ground level Measurements not available
Bathroom Ground level Measurements not available
Neighbourhood Information

Listing Offices: Royal Lepage Real Estate Associates

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531 DELAWARE AVENUE N, Toronto (Wychwood), Ontario, M6H2V3

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