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
$3,399,999
Instant Estimate Not Available
For Sale
49 days
 on site
$3,399,999
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
$925
Taxes
$14,678 (2025)
Parking Type
-
Style
Other
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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®#: 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. It has been listed at $3399999 since March 2026. This multiplex has 10 beds, 10 bathrooms and is 3675 sqft. Situated in Toronto's Hillcrest | Bracondale Hill neighbourhood, Dovercourt Park, Christie Pits, Wallace Emerson and Corso Italia are nearby neighbourhoods.

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

For those residents of 531 Delaware Ave N, Toronto without a car, you can get around quite easily. The closest transit stop is a Bus Stop (Dovercourt Rd at Geary Ave North Side) and is nearby connecting you to Toronto's public transit service. It also has route Rogers Road nearby. Residents of 531 Delaware Ave N also have access to Gardiner Expressway, which is within a 8-minute drive using on and off ramps on Dowling Ave.

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