$3,399,999
FOR SALE

Multiplex

Bedrooms: 10Bathrooms: 10Lot: 22.5 x 123.75 ft

531 Delaware Avenue N
Toronto (Wychwood), ON M6H 2V3

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:47421)
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Listed By Royal Lepage Real Estate Associates
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C12843388
Last Updated Apr 23, 2026
Property Summary
Property Type Multiplex

More like this:
Community Wychwood
Price History

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Detailed Information
Bedrooms 10
Bathrooms 10
Lot 22.5 x 123.75 ft
Equipment Water Heater
Features Carpet Free
Listing Contract Date 2026-03-04
Location Description Dovercourt Rd / Dupont St
# of Parking Spaces 1
Property Type Multi-family
Rental Equipment Water Heater
Transaction Type For sale
Building
Appliances Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
Basement Features Apartment in basement
Basement Type N/A
Cooling Type Central air conditioning
Exterior Finish Stucco
Foundation Type Concrete
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 3
Type Other
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
BathroomSecond levelMeasurements not available
BathroomSecond levelMeasurements not available
Primary BedroomSecond level3.36 m x 3.36 m
BedroomSecond level2.74 m x 3.04 m
KitchenSecond level2.13 m x 4.26 m
BathroomThird levelMeasurements not available
BathroomThird levelMeasurements not available
Primary BedroomThird level3.36 m x 3.36 m
BedroomThird level2.74 m x 3.04 m
KitchenThird level2.13 m x 4.26 m
BedroomBasement2.13 m x 2.43 m
KitchenBasement1.52 m x 3.65 m
BathroomBasementMeasurements not available
BathroomBasementMeasurements not available
Primary BedroomBasement2.74 m x 2.74 m
Primary BedroomMain level3.36 m x 3.36 m
BathroomMain levelMeasurements not available
BedroomMain level2.74 m x 3.04 m
BathroomMain levelMeasurements not available
KitchenMain level2.13 m x 4.26 m
BathroomGround levelMeasurements not available
BathroomGround levelMeasurements not available
Parking Spaces
Name Spaces
No Garage
Land
Total Size 22.5 x 123.8 FT
Sewer Sanitary sewer
Size of Irregular Land 22.5 x 123.8 FT

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