531 Delaware Avenue N
531 Delaware Avenue N
531 Delaware Avenue N
+30
10
 bed
10
 bath
1
 parking
3500 - 5000
 sqft
Multiplex
$3,399,999
For Sale
49 days
 on site
$3,399,999
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Size
-
Lot size
2785 sqft
Street frontage
-
Possession
2026-05-01
Price per sqft
$680 - $971
Taxes
$14,678 (2025)
Parking Type
-
Style
3-Storey
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Description
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. Underwriting documents, detailed financials, rent rolls, and supporting supplements are available upon request. A rare opportunity in one of the city's most desirable urban cores. Do not let it pass you by.
Broker: Royal Lepage Real Estate Associates
MLS®#: C12843388
Property details
Parking:
Yes
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
3500-5000 sqft
Lot front:
22 Ft
Lot depth:
123 Ft
Listed on:
Mar 4, 2026
Show all details
Rooms
LevelNameSizeFeatures
Basement
Bedroom
7.0 x 8.0 ft
Second
Primary Bedroom
11.0 x 11.0 ft
Main
Bathroom
0.0 x 0.0 ft
Show all
Instant estimate:
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$211,995
lower than listed price
i
High
$3,301,696
Mid
$3,188,004
Low
$3,027,595
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About 531 Delaware Avenue N

531 Delaware Avenue N is a Toronto multiplex for sale. 531 Delaware Avenue N has an asking price of $3399999, and has been on the market since March 2026. This 3500-5000 sqft multiplex has 10 beds and 10 bathrooms. 531 Delaware Avenue N resides in the Toronto Hillcrest | Bracondale Hill neighbourhood, and nearby areas include Dovercourt Park, Christie Pits, Wallace Emerson and Corso Italia.

For groceries there is Dark Horse Bakery which is not far.

Transit riders take note, 531 Delaware Ave N, Toronto is a short distance away to the closest public transit Bus Stop (Dovercourt Rd at Geary Ave North Side) with route Rogers Road. Access to Gardiner Expressway from 531 Delaware Ave N is within a 8-minute drive, making it easy for those driving to get into and out of the city getting on and off at Dowling Ave.