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$3,195,000

Est. payment - /mo

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10 Beds

10 Baths

3,500 SqFt

Price Dropped by $204K

531 DELAWARE AVENUE N Toronto (wychwood), ON M6H2V3

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Justin Negenman

justin.negenman@gmail.com +1(403) 815-3848

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500 - 5000

Square Footage 3,500 sqft

Price per Sqft $912

Subdivision Wychwood

MLS® Listing ID C12843388

Bedrooms 10

Property 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. A rare opportunity in one of the city's most desirable urban cores. Do not let it pass you by. (id:24570)

Location

Province ON

Rooms

Kitchen 4.0

Extra Room 1 Second level Measurements not available Bathroom

Extra Room 2 Second level Measurements not available Bathroom

Extra Room 3 Second level 3.36 m X 3.36 m Primary Bedroom

Extra Room 4 Second level 2.74 m X 3.04 m Bedroom

Extra Room 5 Second level 2.13 m X 4.26 m Kitchen

Extra Room 6 Third level Measurements not available Bathroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 1

Garage No

Private Pool No

Building

Story 3

Sewer Sanitary sewer

Others

Virtual Tour https://vimeo.com/1166840361?fl=pl&fe=sh

Listed by Royal Lepage Real Estate Associates

NEARBY SCHOOL & BUSINESS

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Justin Negenman

Agent

+1(403) 815-3848

531 DELAWARE AVENUE N Toronto (wychwood), ON M6H2V3

Justin Negenman

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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531 DELAWARE AVENUE N