Description

 Price: $ 3,195,000.00 MLS^®: C12843388         Location : 531 Delaware Avenue N, Toronto C02, 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.

Location Description

Dovercourt Rd / Dupont St

Property Details

• Community: Wychwood
• Property Type: Tenant/Residential Freehold
• Bedrooms: 10
• Bath: 10
• Garages: None

Building Features

• Foundation Type: Concrete
• Construction Material: Stucco (Plaster)
• Total Parking Space: 1

Features

• Heating: Forced Air Gas
• Sewer: Sewer ,