531 Delaware Avenue N
531 Delaware Avenue N
531 Delaware Avenue N
+30
10
 bed
10
 bath
1
 parking
3500 - 5000
 sqft
Multiplex
$2,599,999
For Sale
3 hours
 on site
$2,599,999
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Size
-
Lot size
2785 sqft
Street frontage
-
Possession
2026-08-01
Price per sqft
$520 - $743
Taxes
$14,607 (2025)
Parking Type
-
Style
3-Storey
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Description
Prime downtown Toronto investment awaits in this well maintained 6-plex featuring four spacious two bedroom two bathroom units withseparate in suite laundry and smart functional layouts that attract reliable tenants plus a versatile laneway house offering bonus living space foradditional income or flexible use for a total of 6 legal units. Built in 2022 this property is NOT subject to rent control, delivering an impressiveover 5 percent cap rate with all professional AAA tenants in place for a true set it and forget it stabilized asset that generates strong predictablecash flow. Underwriting documents, detailed financials, rent rolls, and supporting supplements are available for review. This rare opportunity inone 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®#: C13427886
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:
Jun 10, 2026
Show all details
Rooms
LevelNameSizeFeatures
Third
Primary Bedroom
11.0 x 11.0 ft
Second
Kitchen
7.0 x 14.0 ft
Main
Bathroom
0.0 x 0.0 ft
Show all
Instant estimate:
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$126,035
lower than listed price
i
High
$2,562,191
Mid
$2,473,964
Low
$2,349,483
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About 531 Delaware Avenue N

Located at 531 Delaware Avenue N, this Toronto multiplex is available for sale. 531 Delaware Avenue N has an asking price of $2599999, and has been on the market since June 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 grabbing your groceries, 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 walk, with route Rogers Road nearby. If you're driving from 531 Delaware Ave N, you'll have access to the rest of the city by way of Gardiner Expressway as well, which is within a 8-minute drive getting on and off at Dowling Ave.