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

MLS: C12843388 | Other

$3,499,999

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Property Description

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:64974)

Directions: Dovercourt Rd / Dupont St

Quick Facts

  • Property Type: Other
  • Bedrooms: 10 (10 above)
  • Bathrooms: 10
  • Parking: 1 space (No Garage)
  • Frontage: 23 ft (6.9 m)

Costs

  • Annual Taxes: $14,678.00 (2025)

Listing Provided by: Royal Lepage Real Estate Associates
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

  • Heating: Forced air, Natural gas
  • Cooling: Central air conditioning
  • Basement: Apartment in basement, N/A
  • Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan

Exterior & Construction

  • Exterior: Stucco
  • Foundation: Concrete
  • Sewer: Sanitary sewer
  • Water: Municipal water

Lot & Land

  • Frontage: 23 ft (6.9 m)
  • Features: Carpet Free

Community & Neighbourhood

  • Neighbourhood: Wychwood

Room Details (22 rooms)

Main level
Primary Bedroom11'0" x 11'0" (122 ft²)
Bathroom—
Bedroom9'0" x 10'0" (90 ft²)
Bathroom—
Kitchen7'0" x 14'0" (98 ft²)
Basement
Bedroom7'0" x 8'0" (56 ft²)
Kitchen5'0" x 12'0" (60 ft²)
Bathroom—
Bathroom—
Primary Bedroom9'0" x 9'0" (81 ft²)
Second level
Bathroom—
Bathroom—
Primary Bedroom11'0" x 11'0" (122 ft²)
Bedroom9'0" x 10'0" (90 ft²)
Kitchen7'0" x 14'0" (98 ft²)
Third level
Bathroom—
Bathroom—
Primary Bedroom11'0" x 11'0" (122 ft²)
Bedroom9'0" x 10'0" (90 ft²)
Kitchen7'0" x 14'0" (98 ft²)
Ground level
Bathroom—
Bathroom—

Listing Information

MLS® NumberC12843388
BoardToronto
Originating SystemToronto Regional Real Estate Board
BrokerageRoyal Lepage Real Estate Associates
Date ListedMarch 4, 2026
Last UpdatedMarch 4, 2026

Listing History

Buy/Sell/Terminated/Expired listing history for 531 DELAWARE AVENUE N, Toronto (Wychwood), Ontario, M6H2V3

DateDays on MarketPriceEventListing ID
🔄3/4/20260Status ChangedC12843388
●3/4/20260$3,499,999For SaleC12843388
●3/4/20260$3,499,999ListedC12843388

Location & Neighborhood

📍531 DELAWARE AVENUE N, Toronto, Ontario, M6H2V3
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