531 Delaware Ave, Toronto, Ontario M6H 2V3

Townhouse
10
10
~3500-5000 sqft
$3,499,999
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Townhouse
10
10
~3500-5000 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$849/sqft

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Description

Prime downtown Toronto investment awaits in this well maintained 6-plex featuring four spacious two bedroom two bathroom units with separate in suite laundry and smart functional layouts that attract reliable tenants plus a versatile laneway house offering bonus living space for additional income or flexible use for a total of 6 legal units. Built in 2022 this property is NOT subject to rent control, delivering an impressive over 5 percent cap rate with all professional AAA tenants in place for a true set it and forget it stabilized asset that generates strong predictable cash flow. Underwriting documents, detailed financials, rent rolls, and supporting supplements are available for review. This rare opportunity in one of the city's most desirable urban cores won't last, don't let it pass you by!


Property Details

Style3-Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size2,785 SqFt(123.8 x 22.5)
Parking Spaces1
MLS ®NumberC12843388
Community NameDavenport
Data SourceTRREB
Listing byRoyal Lepage Real Estate Associates

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

Main Floor

Primary

3.36 x 3.36

Br

2.74 x 3.04

Kitchen

2.13 x 4.26

Bathroom

0.0 x 0.0

4 Pc Bath


Features

Lot size: 2,785 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property listed by Royal Lepage Real Estate Associates, Brokerage
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Market Data - Davenport

Geo Zone Map ThumbnailDavenport

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

12 days

2024

0 day

2023

27 days

New Listings

Past 30 days

1 listing

Compared to

2025

1 listing

2024

1 listing

2023

0 listing

Units sold

Past 30 days

0 unit

Compared to

2025

1 unit

2024

0 unit

2023

1 unit

Median Sold Price

Past 30 days

$0

Compared to

2025

$935,000

2023

$2,475,000


Population and Demographics

Overview

Total population 5896
Average household income $128,638

Age (%)

0 to 19
16%
20 to 34
26%
35 to 49
25%
50 to 64
17%
65 and plus
16%

Household composition (%)

Single family
55%
Single person
36%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
63%
Portuguese
14%
Spanish
4%
Yue (Cantonese)
3%
Italian
3%
French
2%
Vietnamese
2%
Others
1%
Mandarin
1%
Greek
1%

House tenancy (%)

Owners
51%
Renters
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget