531 Delaware Avenue N
531 Delaware Avenue N
531 Delaware Avenue N
+29
10
 bed
10
 bath
1
 parking
3675
 sqft
Multiplex
* This unit size is calculated from property.ca data
$2,599,999
Instant Estimate Not Available
For Sale
4 hours
 on site
$2,599,999
Instant Estimate Not Available
* This unit size is calculated from property.ca data
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Size
3675 sqft
Lot size
2785 sqft
Street frontage
-
Possession
-
Price per sqft
$707
Taxes
$14,678 (2025)
Parking Type
-
Style
Other
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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% 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®#: 40838104
Property details
Parking:
Yes
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
Other
MLS Size:
3675 sqft
Lot front:
22 Ft
Lot depth:
123 Ft
Listed on:
Jun 10, 2026
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Instant estimate:
Not Available

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About 531 Delaware Avenue N

531 Delaware Avenue N is a Toronto multiplex for sale. It has been listed at $2599999 since June 2026. This 3675 sqft multiplex has 10 beds and 10 bathrooms. Situated in Toronto's Hillcrest | Bracondale Hill neighbourhood, Dovercourt Park, Christie Pits, Wallace Emerson and Corso Italia are nearby neighbourhoods.

For those that love cooking, Dark Horse Bakery is not far.

If you are looking for transit, don't fear, 531 Delaware Ave N, Toronto has a public transit Bus Stop (Dovercourt Rd at Geary Ave North Side) a short distance away. It also has route Rogers Road close by. Residents of 531 Delaware Ave N also have access to Gardiner Expressway, which is within a 8-minute drive getting on and off at Dowling Ave.

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