531 Delaware Avenue N
531 Delaware Avenue N
531 Delaware Avenue N
+30
10
 bed
10
 bath
1
 parking
3675
 sqft
Multiplex
* This unit size is calculated from property.ca data
$3,499,999
Instant Estimate Not Available
For Sale
18 hours
 on site
$3,499,999
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
$952
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 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®#: 40808878
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:
Mar 4, 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. 531 Delaware Avenue N has an asking price of $3499999, and has been on the market since March 2026. This 3675 sqft multiplex has 10 beds and 10 bathrooms. 531 Delaware Avenue N, Toronto is situated in Hillcrest | Bracondale Hill, with nearby neighbourhoods in Dovercourt Park, Christie Pits, Wallace Emerson and Corso Italia.

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

Living in this Hillcrest | Bracondale Hill multiplex is easy. There is also Dovercourt Rd at Geary Ave North Side Bus Stop, a short distance away, with route Rogers Road nearby. 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 on and off ramps on Dowling Ave.

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