531 Delaware Avenue N
531 Delaware Avenue N
531 Delaware Avenue N
+30
10
 bed
10
 bath
1
 parking
3500 - 5000
 sqft
Multiplex
$3,499,999
For Sale
22 hours
 on site
$3,499,999
Click to open the pre-gallery to get the direction
Size
-
Lot size
2785 sqft
Street frontage
-
Possession
2026-05-01
Price per sqft
$700 - $1,000
Taxes
$14,678 (2025)
Parking Type
-
Style
3-Storey
See what's nearby
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!
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:
orto view instant estimate
$331,504
lower than listed price
i
High
$3,281,492
Mid
$3,168,495
Low
$3,009,068
Have a home? See what it's worth with an instant estimate

Use our AI-assisted tool to get an instant estimate of your home's value, up-to-date neighbourhood sales data, and tips on how to sell for more.

72 Walmer Road
1/8
$3,595,000
169 days
72 Walmer Road
6BD
7BA
5 Parking
3,500-5,000 sqft
MLS#: C12406129
FOREST HILL REAL ESTATE INC.
169 days
90 Garden Avenue
1/36
$3,499,000
5 days
90 Garden Avenue
4+3BD
7BA
2 Parking
3,500-5,000 sqft
MLS#: W12829326
RE/MAX HALLMARK REALTY LTD.
5 days

About 531 Delaware Avenue N

531 Delaware Avenue N is a Toronto multiplex for sale. 531 Delaware Avenue N has an asking price of $3499999, and has been on the market since March 2026. This multiplex has 10 beds, 10 bathrooms and is 3500-5000 sqft. 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 those that love cooking, Dark Horse Bakery 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. For drivers, the closest highway is Gardiner Expressway and is within a 8-minute drive from 531 Delaware Ave N, making it easier to get into and out of the city using Dowling Ave ramps.