531 Delaware Avenue, Toronto C02, ON
Description
Property Highlights
Welcome to this remarkable ["3-Storey"] multiplex located in the coveted neighborhood of Wychwood. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,599,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 10 Bedrooms and 10 Bathrooms with 6 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 22.5 x 123.8 ft lot
- Features a ["apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with ["central air"] central cooling and highly efficient forced air heating via gas
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!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
Interior Features
Carpet Free
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 531 Delaware Avenue N, Toronto C02, ON M6H 2V3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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