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Stuart McKerrow pic stuart.mckerrow@gmail.com Sutton Group - Associates Realty Inc., Brokerage Independently owned and operated. pic 358 Davenport Road, Toronto, Ontario M5R 1K6 pic Office: 416-966-0300 | Fax: 416-966-0080 | Cell: 416-856-6810

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$3,195,000
Available - For Sale
Listing ID: C12843388
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.
Price $3,195,000
Taxes: $14,678
Assessment Year: 2025
Occupancy by: Tenant
Address: 531 Delaware Avenue North , Toronto, M6H 2V3, Toronto
Directions/Cross Streets: Dovercourt Rd / Dupont St
Rooms: 32
Bedrooms: 10
Bedrooms +: 0
Washrooms: 10
Family Room: F
Basement: Apartment
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Primary B 11.02 11.02
Room 2: Main Bedroom 8.99 9.97
Room 3: Main Kitchen 6.99 13.97
Room 4: Second Primary B 11.02 11.02
Room 5: Second Bedroom 8.99 9.97
Room 6: Second Kitchen 6.99 13.97
Room 7: Third Primary B 11.02 11.02
Room 8: Third Bedroom 8.99 9.97
Room 9: Third Kitchen 6.99 13.97
Room 10: Basement Primary B 8.99 8.99
Room 11: Basement Bedroom 6.99 7.97
Room 12: Basement Kitchen 4.99 11.97
Room 13: Main Bathroom 0 0 4 Pc Bath
Room 14: Main Bathroom 0 0 4 Pc Bath
Room 15: Second Bathroom 0 0 4 Pc Bath
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  0
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  0
Washroom 32:  0
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Washroom 36:  0
Washroom 37:  0
Washroom 38:  0
Washroom 39:  0
Washroom 40:  0
Washroom 41:  0
Washroom 42:  0
Washroom 43:  0
Washroom 44:  0
Washroom 45:  0
Washroom 46:  0
Washroom 47:  0
Washroom 48:  0
Washroom 49:  0
Washroom 50:  0
Washroom 51:  0
Washroom 52:  0
Washroom 53:  0
Washroom 54:  0
Washroom 55:  0
Washroom 56:  0
Washroom 57:  0
Washroom 58:  0
Washroom 59:  0
Washroom 60:  0
Washroom 61:  0
Washroom 62:  0
Washroom 63:  0
Washroom 64:  0
Washroom 65:  0
Property Type: Multiplex
Style: 3-Storey
Exterior: Stucco (Plaster)
Garage Type: None
Drive Parking Spaces: 1
Pool: None
Approximatly Square Footage: 3500-5000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Royal Lepage Real Estate Associates

531 Delaware Avenue North , Toronto, M6H 2V3, Toronto

Personal Picture
Stuart McKerrow
Sales Representative
Dir:
416-856-6810
Bus:
416-966-0300
Fax:
416-966-0080

 
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At a Glance:
Type: Freehold - Multiplex
Area: Toronto
Municipality: Toronto C02
Neighbourhood: Wychwood
Style: 3-Storey
Lot Size: x 123.80(Feet)
Approximate Age:
Tax: $14,678
Maintenance Fee: $0
Beds: 10
Baths: 10
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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