531 Delaware Avenue N, Toronto, ON

Toronto, Central Toronto, Wychwood Hood
Dovercourt Rd / Dupont St
10 Br | 10 Bath | 3500-5000 Sqft
$3,195,000 For Sale

Property Overview

  • Multiplex — 3-Storey
  • SqFt: | 3500-5000 Sqft
  • Lot Size: 22.50 x 123.80 Feet
  • Age: n/a
  • Basement: Apartment
  • Exterior: Stucco (Plaster)
  • Taxes: 14,678 / 2025
  • Zoning: n/a
  • MLS #: C12843388
  • Sewer: Sewer
  • Heat Source: Gas , Forced Air

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.

Chattels Include: 6 Fridge, 6 Stoves, 6 Dishwashers, 6 Range Hoods, 6 Washer/Dryer, All Electrical LightFixtures.

Property Details

  • For: For Sale
  • Type: Multiplex
  • Style: 3-Storey
  • Lot: 22.50 x 123.80 Feet
  • Region: Toronto
  • Hood: Wychwood
  • Zoning: n/a
  • Lot Irreg: Fronting on: East
  • Fronting On: East

Building Details

  • Age: n/a
  • Exterior: Stucco (Plaster)
  • Heat: Gas , Forced Air
  • A/C: Central Air
  • Interior Features: Carpet Free
  • Pool: None
  • Sewer: Sewer
  • Garage: None
  • Total Parking: 1.00

Property Interior

  • Sqft: 3500-5000 Sqft
  • Bed: 10
  • Bath: 10
  • Kitchen: 6
  • Family Room: No
  • Basement: Apartment
Rooms Details

Primary Bedroom

Main Level

3.36 x 3.36

Bedroom

Main Level

2.74 x 3.04

Kitchen

Main Level

2.13 x 4.26

Primary Bedroom

Second Level

3.36 x 3.36

Bedroom

Second Level

2.74 x 3.04

Kitchen

Second Level

2.13 x 4.26

Primary Bedroom

Third Level

3.36 x 3.36

Bedroom

Third Level

2.74 x 3.04

Kitchen

Third Level

2.13 x 4.26

Primary Bedroom

Basement Level

2.74 x 2.74

Bedroom

Basement Level

2.13 x 2.43

Kitchen

Basement Level

1.52 x 3.65

Bathroom

Main Level

0 x 0

4 Pc Bath

Bathroom

Main Level

0 x 0

4 Pc Bath

Bathroom

Second Level

0 x 0

4 Pc Bath

Bathroom

Second Level

0 x 0

4 Pc Bath

Bathroom

Third Level

0 x 0

4 Pc Bath

Bathroom

Third Level

0 x 0

4 Pc Bath

Bathroom

Basement Level

0 x 0

4 Pc Bath

Bathroom

Basement Level

0 x 0

4 Pc Bath

Bathroom

Ground Level

0 x 0

4 Pc Bath

Bathroom

Ground Level

0 x 0

4 Pc Bath

Property Listed by: Royal Lepage Real Estate Associates
Virtual Tour: https://vimeo.com/1166840361?fl=pl&fe=sh

Home Valuation Estimate

What is 531 Delaware Avenue N, Toronto, ON worth in today’s Wychwood, Central Toronto market?

This HomeZira valuation preview helps buyers and sellers think through the asking price for this 10-bedroom Multiplex with 3500-5000 sq. ft. in Wychwood, Central Toronto. The full estimate reviews the property’s location, home type, bedroom count, size range, age, and nearby comparable market activity after sign-in.

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Location

  • Address: 531 Delaware Avenue N
  • Neighborhood: Wychwood
  • Zip/Postal Code: M6H 2V3
  • Nearby Amenities:
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About 531 Delaware Avenue N, Toronto C02, ON M6H 2V3, Central Toronto

Located at 531 Delaware Avenue N, Toronto, ON in Central Toronto (Wychwood neighbourhood), near Dovercourt Rd / Dupont St. This freehold home offers Multiplex, ["3-Storey"], 10 bedrooms, 10 bathrooms and 3500-5000 sq.ft. (approx.) in a layout suited to everyday family living. Basement: Apartment • 1 parking spot • Garage: None • Heating: Gas Forced Air • Cooling: Central Air. Property taxes are approximately $14,678 for 2025. 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. Listed by Royal Lepage Real Estate Associates. MLS® C12843388.

FAQs for 531 Delaware Avenue N, Toronto, ON , Wychwood , Central Toronto

What are the listing details for 531 Delaware Avenue N, Toronto, ON?
531 Delaware Avenue N, Toronto, ON is a Multiplex for sale in Central Toronto, in the Wychwood neighbourhood, Toronto. The current list price is $3,195,000. MLS number: C12843388.
How many bedrooms and bathrooms does this home have?
531 Delaware Avenue N, Toronto, ON is listed as a Multiplex with a ["3-Storey"] style, featuring 10 bedroom(s) and 10 bathroom(s). The listed interior size range is 3500-5000 sq. ft..
What lot, basement, garage, or parking details are listed?
The lot size is listed as approximately 22.50 x 123.80 Feet. The basement is listed as: Apartment. Garage type: None. Total parking: 1 space(s).
What heating, cooling, and exterior details are shown?
Heating is listed as: Gas, Forced Air. Cooling is listed as: Central Air. Exterior/construction materials are listed as: Stucco (Plaster).
Where is this property located?
531 Delaware Avenue N, Toronto, ON is located in the Wychwood neighbourhood of Central Toronto. The listed cross street is Dovercourt Rd / Dupont St.
What information is available on this public listing page?
The public listing page shows current active listing information, property photos, room details when available, map location, listed price, property features, and contact options. Annual taxes are listed as $14,678 / 2025. Valuation tools and similar sold-property previews are available after sign-in where applicable, without displaying sold data in this public FAQ.

FAQ content is based on current active listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.