531 DELAWARE AVENUE N, Toronto (Wychwood)

$2,599,999

For sale: Multiplex

Property type: Multi-family
Bedrooms / bathrooms: 10 bedrooms, 10 bathrooms
Living area: 5,000 sqft
MLS®: MLS® C13427886
Neighbourhood: Wychwood

Multiplex at 531 DELAWARE AVENUE N, Toronto (Wychwood)

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!