$3,399,999

Multiplex

531 Delaware Avenue, Toronto, ON

21 DAYS
10
10
0
3500-5000
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Listed by Royal Lepage Real Estate Associates

Property Highlights

Parking

1 space

Property Tax

$14,678/yr

Lot Size

2,786 sqft

Style

3-Storey

Basement

Apartment

Monthly Cost

$15,580/mo

About This Home

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!

Monthly Cost

Monthly Mortgage$14,357
Property Tax ($14,678/yr)$1,223
Total$15,580

Price & Listing History

Schools

Location

Tap to view full map

Rooms

Main Level

Bathroom: 0.0 × 0.0
Bedroom: 2.74m × 3.04m
Primary Bedroom: 3.36m × 3.36m
Kitchen: 2.13m × 4.26m

Second Level

Primary Bedroom: 3.36m × 3.36m
Kitchen: 2.13m × 4.26m
Bedroom: 2.74m × 3.04m

Third Level

Bedroom: 2.74m × 3.04m
Primary Bedroom: 3.36m × 3.36m
Kitchen: 2.13m × 4.26m

Basement Level

Bedroom: 2.13m × 2.43m
Primary Bedroom: 2.74m × 2.74m
Kitchen: 1.52m × 3.65m

Listing Presented By

Iryna Tarabanovska

Iryna Tarabanovska

REALTOR®

+1 (647) 570-8221
iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage