531 Delaware Avenue N, Toronto C02, ON M6H 2V3
Toronto C02 , M6H 2V3
$2,599,999.00
10 Bedrooms
10 Bathrooms
Residential Freehold
Property Details
| MLS Number | C13427886 |
| Property Type | Residential Freehold |
| City | Toronto C02 |
| City Region | Wychwood |
| Postal Code | M6H 2V3 |
| Cross Street | Dovercourt Rd / Dupont St M |
| Street Number | 531 |
| Street Name | Delaware |
| Lot Width | 22.5 ft |
| Lot Depth | 123.8 ft |
| Bedrooms | 10 |
| Bathrooms | 10 |
| Annual Tax | $14,607.00 |
| Sewer | Sewer |
| Occupant Type | Tenant |
Description
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!
Selvan Puvaneswaranathan
Broker — REMAX Crossroads